Shares Trading can Taxable Under AP VAT ?

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

18 July 2011
Kindly let us kown in what provisions Shares trading is Taxable under AP VAT Act
if it is Taxable

Preeti (Expert)
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19 July 2011 There is no movements of any goods so it cant be taxable ( pls check i guess shares are not even cover under goods definition)

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