Diff btwn exempted and non-vatable goods

This query is : Resolved 

25 November 2011 SIR
I WANNA KNOW ABOUT THE DIFFERENCE BETWEEN NON-VATABLE GOODS AND EXEMPTED GOODS.??

25 November 2011 Exempted - No Need to Pay VAT, Exempted by Majority Passed in Parliament

Non Vatable - Not Complete Sales Defination, Not a Sale, so Q. of VAT Doesnt Arise.

26 November 2011 non-vatable...isit something like on which you cannot claim the credit of input tax.....

26 November 2011 Yes, Not Available


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