is it necessary to show the Purchase of Exempted goods in annexure I under TNVAT act ? Does the TNVAT act expressly deal with such situaations ? pls help....
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Tnvat - exempted goods purchase
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Hi Subramani,
Yes it is required to show exempted goods purchase and as well as sales in the Anex I and II in the TNVAT with respective commodity code. Sec 19 will deals with this.
Regards.
Sundaresan B.
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