exemption

krishna vishwanath (student) (81 Points)

27 December 2008  

2 does sales spares made equal to labour service provided is exempt from tax of authorised dealer  

   exa:spares bill equal to 3000, labour bill equal to 2000 in total 5000.i hope exemption is available

up to 4000 they are liable only to the extent of four thousand
             
 (volume of goods equal to volume services is exempt from tax)