can u tell me the rate of vat on Biscuits in Karnataka and also excise is applicable to manufacuring & Sale of Biscuits.
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Vat rate on biscuits
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hi,
under Schedule-V in Karnataka value added tax, biscuit is an input tax restructed goods ( section 11(3) ). Excise duty is NIL for Biscuits cleared in packaged form, with per kg. retail sale price equivalent not exceeding Rs.100
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