Is it bread or biscuit, bread-sans-moisture or simply rusk? The Himachal Pradesh High Court took 12 years to conclude that rusk is actually bread-sans-moisture and as such, exempt from Value Added Tax ...
Rusk is not bread and will not get exemption from Value Added Tax (VAT), a High Court has ruled. “...Some value is added to bread to make it into rusk and that would attract VAT,” a division bench ...
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