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sales tax defferment loan

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(Querist)
03 August 2007 what is sales tax defferment loan and who can avail it
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S.Srinivasaraghavan

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S.Srinivasaraghavan (Expert)
26 February 2008 In order to encourage new industries, State Governments offer Deferal of Sales tax collection for a number of years offering the same as interest free loan. Please refer to the Industrial promotion policy of your State Govt.

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