Debate on VAT Rate for Margarine: Determining if 4% or 12.5% Applies, Excluding Liquid Forms, Under HSN Code 1517.

Debate on VAT Rate for Margarine: Determining if 4% or 12.5% Applies, Excluding Liquid Forms, Under HSN Code 1517. https://www.taxtmi.com/highlights?id=24909 Applicable rate of VAT on "Margarine" - 4% or 12.5% - Moving from abstract to the concrete, we can say Margarine is a generic produce having sub-classifications, among which Liquid Margarine stands excluded. Essentially what follows is that the rest of varieties are included or at least have not been separately dealt with. - Classifiable with HSN Code No. 1517 - HC en-us Thu, 24 Sep 2015 12:26:02 +0530 Thu, 24 Sep 2015 12:26:02 +0530 TaxTMI RSS Generator Debate on VAT Rate for Margarine: Determining if 4% or 12.5% Applies, Excluding Liquid Forms, Under HSN Code 1517. https://www.taxtmi.com/highlights?id=24909 Applicable rate of VAT on "Margarine" - 4% or 12.5% - Moving from abstract to the concrete, we can say Margarine is a generic produce having sub-classifications, among which Liquid Margarine stands excluded. Essentially what follows is that the rest of varieties are included or at least have not been separately dealt with. - Classifiable with HSN Code No. 1517 - HC Highlights VAT and Sales Tax Thu, 24 Sep 2015 12:26:02 +0530 https://www.taxtmi.com/highlights?id=24909