Heat oil in a big pan.
Remove biscuit dough from the pack. Lay them in a baking tray. Grab a cookie cutter or any cutter to cut a hole on the middle of each biscuit.
Carefully place 2 donuts at a time in hot oil. When one side is golden brown flip another side with a wooden spoon. It will take 2 - 3 minutes to fry.
Transfer them to a paper towel to absorb excess oil. Fry all of them in same manner and don't forget to fry donuts holes.
For glaze-
In a bowl add sugar,vanilla extract, water and honey whisk nicely.
Dip each fried donuts and shake excess and put it in a wire rack to dry. Repeat the process again for thicker coating of glaze. Sprinkle sugar over the donuts and enjoy!