TaxTMI 
TaxTMI 
VAT ON LIQUOUR IN RESTAURENT
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....AT ON LIQUOUR IN RESTAURENT<br> Query (Issue) Started By: - Ankit Bhansali Dated:- 22-4-2017 Last Reply Date:- 24-4-2017 VAT + CST<br>Got 2 Replies<br>VAT / Sales Tax<br>From 1st October 2015 onwards....
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...., there is no change in the tax liability, in respect of liquor purchased from a registered dealer in the state. However, in respect of liquor brought or imported from outside the state, the restauran....
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....t would be liable to pay tax at schedule rate of 60% of the actual sales price but, subject to the limit of MRP X 30/130. Of course, in addition, the liability to pay tax at 5% of the actual sales pri....
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....ce continues unchanged. Can any one explain the meaning. Is we need to pay 60% of the actual sales price or MRP X 30/130 whichever is lower and 5% additional. Reply By MARIAPPAN GOVINDARAJAN: The R....
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....eply: Which State? Reply By Ankit Bhansali: The Reply: IN MAHARASHTRA STATE CITY MUMBAI.<br> Discussion Forum - Knowledge Sharing ....