Exemptions

This query is : Resolved 

01 October 2010 I want to have a exemption list under VAT for a supermarket client.How can I further use VAT to reduce my clients tax liability.

02 October 2010 HI

you didnt told that are you looking for which state VAT exemption

normaly most of the state will follow VAT exemption as Declared goods

RIce, Johwar, cerals,Ragi, Wheat,pulses

are exempted from VAT

all the Fruits & Vegitable exempted from tax.

you should under stand the concept the fresh meet(chicken or Mutton) are exempted from tax but if packed & stored in cold storage it will tax ed under the VAT.



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