Business Studies, asked by allavuddinmohammad, 6 months ago

the special rate of VAT is applicable to tobacco products like zartha,gatha,etc
a. 50%
b. 25%
c. 30%
ans please​

Answers

Answered by Aeron01
16

Answer:

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Answered by Anonymous
2

The rate of VAT applicable to tobacco products was 25%.

  • Many States had levied the value-added tax ( VAT) on the price inclusive of excise duty before the effective implementation of GST.  
  • After the successful implementation of the goods and services tax (GST) in the year 2017., the rates were changed
  • All tobacco products such as cigarettes, smokeless, or bidis typically received the maximum tax rate of 28%

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