Cement purchased against c form

This query is : Resolved 

30 October 2012 Sir pls tell me if we purchases cement against C form can there is any penalty under M.Vat act

30 October 2012 There will be no penalty if cement is purchased for

a) Resale

b) Use in manufacturing/processing of goods for sale

c) Use in mining

d) Use in generation/distribution of power

e) Use in packing of goods for sale/resale

f) Use in telecommunication network.

Otherwise penalty will be imposed.



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