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Exempted sales & purchases

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Querist : Anonymous

Querist : Anonymous (Querist)

07 January 2014 Dear sir
what goods are exempted under cst & vat. in payment how to find goods are exempted
please let me know.

adv thanks for u

P V Ram

P V Ram (Expert)

07 January 2014 Generally agro related goods, some food items, handicrafts etc. and export sales are exempt from tax.

you can find the respective list of goods in respective State VAT Acts and CST Act.

Thanks!

MJ Krishnamurthy

MJ Krishnamurthy (Expert)

07 January 2014 In each state vat Act there will be a schedule for exempted goods. Exemption is also given through notificatios issued separately.All the locally exempted goods are necessarily exempt from CST Act also...mjk

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