Dear All
Greetings of the day...!
Our manufacturing company selling goods which is falling under TN VAT code 2067, Which is chargeable @ 5%.
Here i want to know whether this rate will change if my Customer is a dealer i.e. he is purchasing the goods for reselling and if he is a manufacturer. i,e, if my customer is Using the goods for manufacturing his parts.
In the above code it has given as industrial Input, whether it means that The product which i am selling to my customer he has to use it for maufacturing input for his product.
CAclubindia
