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Mvat for restaurants
Any idea of mvat for ac restaurants who sells liquor and is in non composition scheme1) how much he needs to charge to customer 2) do we get set off on liquor purchase ??If yes than is there any reduction rule applicable ??
Replies (3)
GST is not applicable on liquor for Human Consumption.
@ Students
Mr Pratik is asking about Mvat, not GST :)
Yes I was asking in MVAT AND NOT IN GST
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