HIe all,
I want to know the VAT Rate to be applied on sale of food by a restaurent dealer who is under a composition scheme.
Jaikishan V. Wadhwani
(Company Secretary)
(154 Points)
Replied 20 March 2017
As the VAT is the Tax levied by State thus it varies from state to state but the as per normal rates 13.5% is applicable on the food sale by the resturants.
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