Tax Treatment on Manufacture of food products, Income Tax

[Damodara Reddy]

Sir

We are manufacturers of food products ( Sauces, Pickels,jams).is it applicable to excise duty,Service tax & sales tax, if applicable how to arrive the tax liability on food products.

Posts / Replies

[YAGAY AND SUN]

In this matter Excise and VAT/CST would be applicable. If the same fall under MRP regime then Section 4A would be applicable otherwise Section 4 read with Rules made thereunder.