Exemptions
This query is : Resolved
01 October 2010
I want to have a exemption list under VAT for a supermarket client.How can I further use VAT to reduce my clients tax liability.
02 October 2010
HI
you didnt told that are you looking for which state VAT exemption
normaly most of the state will follow VAT exemption as Declared goods
RIce, Johwar, cerals,Ragi, Wheat,pulses
are exempted from VAT
all the Fruits & Vegitable exempted from tax.
you should under stand the concept the fresh meet(chicken or Mutton) are exempted from tax but if packed & stored in cold storage it will tax ed under the VAT.
you didnt told that are you looking for which state VAT exemption
normaly most of the state will follow VAT exemption as Declared goods
RIce, Johwar, cerals,Ragi, Wheat,pulses
are exempted from VAT
all the Fruits & Vegitable exempted from tax.
you should under stand the concept the fresh meet(chicken or Mutton) are exempted from tax but if packed & stored in cold storage it will tax ed under the VAT.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- TDS 194-T applicability
- Tds on commission charges
- GST ITC REVERSE
- TDS on Complimentary "Desi Ghee and Gold Coin" Provided to KBC Contestants
- Need Professional Opinion AY 2012-13 Old Demand
- Withdrawal in cash from partners capital account by partner
- TDS on TRUST
- Renovation exp. in flat by family member
- Consolidated financials
- Regarding Applicability of Tax Audit u/s 44AB
- New GST registration for new place of business.
- Starting trading business
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- STATUTORY AUDIT OF A SMALL PRIVATE COMPANY INCORPORATED ON 28.03.2025
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
Quick Links
09 September 2026
SENIOR AUDITOR & ACCOUNTS MANAGER
Anupam Parashar & Co.
Ghaziabad
CA Final
View Details
ARTICLESHIP
07 September 2026
CA Articles
Kothari Jain Patil & Chartered Accountants
Pune
CA Inter
View Details
CCI
Pro
CAclubindia
