I have to start a business of pan masala with contain of tobacoo and not contain tobaco so my question is that 1 in which rate to be applicable to with and without tabaco of pan masala? 2 How to calculation of tax in bill with example ?
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Pan masala— HSN code 21069020 and rate of tax is 28%
Pan masala — Compensation Cess Rate is 60%
Pan masala containing tobacco ‘Gutkha’ — Compensation Cess Rate is 204% (24039990)
Posted Date: Oct 09, 2020