Hi, I am CA Dhvani Kamani, I want to know statewise VAT rate of Margarine. This name of product is not specified in any schedule. but in VAT schedule they are mentioned edible oil in $%. Whether margarine is under edible oil or it will fall under separate schedule. Please send me reply .
CA Dhvani Kamani
Supreme Court Decision Classifies Margarine as Edible Oil; Guides State-Wise VAT Rate Determination A user inquired about the state-wise VAT rate for margarine, questioning whether it falls under the category of edible oil in the VAT schedule, as it is not specifically listed. A respondent advised referring to a Supreme Court decision, which classified margarine as edible oil, suggesting that this classification should guide the determination of its VAT rate. (AI Summary)
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