21 June 2012
we are purchasing rice bran from market for producing oil from it, my question is whether we can purchase it in cash exceeding rs.20000, whether it is considered as agricultural product for exemption or not
21 June 2012
I know and it is used for further processsing in extracting oil from it and that is very healthy too. It is a agriculture product and exempt if the criteria said as above are met.
CAclubindia
