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    <title>Value Added Tax</title>
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    <description>Entry 34 exempts unbranded bread while Entry 15 applies a concessional 5% VAT to branded bread; a burger bun sold as a standalone item is a type of bread and will attract the concessional rate if branded, but be exempt if unbranded. VAT is payable only by dealers whose annual turnover exceeds Rs.5 lakh, so both branding and the turnover threshold must be met for VAT to apply.</description>
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    <pubDate>Wed, 22 Feb 2012 12:26:48 +0530</pubDate>
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      <title>Value Added Tax</title>
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      <description>Entry 34 exempts unbranded bread while Entry 15 applies a concessional 5% VAT to branded bread; a burger bun sold as a standalone item is a type of bread and will attract the concessional rate if branded, but be exempt if unbranded. VAT is payable only by dealers whose annual turnover exceeds Rs.5 lakh, so both branding and the turnover threshold must be met for VAT to apply.</description>
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      <law>VAT / Sales Tax</law>
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