Purchase tax on VAT Exempted goods

Ramesh Kumar Nibhoria (CMD) (45 Points)

07 January 2010  

Hi, Happy New Year!!

If  new FIRM wants to  start TRADING  in exempted goods. Is he  needs to have registertion under VAT ?

Secondly if   buyer purchases EXEMPTED GOODS  from unregistered dealer. Is he needs to put PURCASE tax ?

Thanks in advance!

Ramesh Kumar

nibhoria ( at the rate) gmail.com