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Important Amendments by The Finance (No. 2) Act, 2024 – Charitable Trusts
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Important Amendments by The Finance (No. 2) Act, 2024 – Capital Gains
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Important Amendments by The Finance (No. 2) Act, 2024 – Buy-Back of Shares
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Important Amendments by The Finance (No. 2) Act, 2024 – Re-Assessment Procedures
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Important Amendments by The Finance (No. 2) Act, 2024 – Block Assessment
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Legal Considerations for Start-Ups – Are you overlooking some?
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ATR & AQMM – Audit Reports of Auditors!
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भारत पहले – 75 Year of Independence
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Monthly mouth-piece of BCAS, the BCA Journal is a leading publication that has been in continuous circulation for more than 53 years. Over the years the BCAJ has become synonymous with high-quality & authentic content across fields of finance, accounting, tax & regulatory matters. The BCAJ has wide circulation across India & commands huge respect amongst the Chartered Accountants` community.
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February 2009

Composition rate for a drug retailer —Notification No. VAT/1507/CR-55/Taxation-1, dated 27-11-2008

By Pinky Shah, Sonalee Godbole, Gaurang Gandhi, Chartered Accountants

Reading Time 1 mins

New Page 1

Part B :
INDIRECT TAXES

MVAT Update

MVAT Notifications

34 Composition rate for a drug retailer
—Notification No. VAT/1507/CR-55/Taxation-1, dated 27-11-2008.

Composition rate of 6% is notified for drug retailers. This
rate is applicable for retailers whose at least ¾th of the turnover of sales of
goods is of drugs covered under Entries 29 and 29A of Schedule C appended to the
MVAT Act, 2002.

levitra

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February 2009

Composition rate for a drug retailer —Notification No. VAT/1507/CR-55/Taxation-1, dated 27-11-2008

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Trade Circular 1T of 2009, dated 12-1-2009

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February 2009

Composition rate for a drug retailer —Notification No. VAT/1507/CR-55/Taxation-1, dated 27-11-2008

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Trade Circular 1T of 2009, dated 12-1-2009

More items added to medical devices — Notification No. VAT.1508/CR-5/Taxation-1 dated 27-11-2008