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Diff btwn exempted and non-vatable goods

This query is : Resolved 
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(Querist)
25 November 2011 SIR
I WANNA KNOW ABOUT THE DIFFERENCE BETWEEN NON-VATABLE GOODS AND EXEMPTED GOODS.??
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CA Ayush Agarwal

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CA Ayush Agarwal (Expert)
25 November 2011 Exempted - No Need to Pay VAT, Exempted by Majority Passed in Parliament

Non Vatable - Not Complete Sales Defination, Not a Sale, so Q. of VAT Doesnt Arise.
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aman

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aman (Querist)
26 November 2011 non-vatable...isit something like on which you cannot claim the credit of input tax.....
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CA Ayush Agarwal

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CA Ayush Agarwal (Expert)
26 November 2011 Yes, Not Available

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