vat on paintings


This query is : Resolved 

(Querist)
01 July 2008 In west bengal paintings are exempt from Tax.Will the same is liable for CST for interstate sales

01 July 2008 NO, if any transaction is exempt under state laws then under CST Act the status would be same

sumit (Querist)
02 July 2008 I received some materials free of cost.the goods are to be sold at MRP rates.The same are in stock as on 31st March.Can Vat needs to be added as a part of cost of purchases?


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