One of my friend is a trader in textile items. Generally he purchases fabric from Tamilnadu and sell to other states. He is based in Karnataka
My query is, as VAT is applicable on Fabric in TN, now his cost will increase, but as there is no VAT on fabric in KN, he can't charge it from his customers, so will give negative impact on his business, please advice.
Also, please advice, can he purchase from TN against 'C' Form.