Vat applicability

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Is VAT applicable on yarn?N if yes then what's the rate?
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Ist Schedule item under DVAT Act -  Exempted from tax

 

S.No.10.     01.04.2005 to 10.05.2005
                  Cotton and silk yarn in hank. 
                   11.05.2005
                    Cotton and silk yarn in hank and cone. 

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