w.e.f 12.07.11 Tamiladu Govt reduce tax rate on fertilizers ( 0%), is CST applicable 2% if sales outside Tamilnadu
RENGARAJ R.K
(ADVOCATE)
(7557 Points)
Replied 29 August 2011
MR MANGESH,
I AM WORKING AS GM IN A FERTILISER COMPANY LOOKING AFTER TAXATION. THE EXEMPTION ANNOUNCED FOR FERTILISERS AND PESTICIDES IS GENERAL EXEMPTION COMING UNDER IVTH SCHEDULE OF TAMILNADU VAT ACT. HENCE THE EXEMPTION IS ELEGIBLE FOR INTERSTATE SALES ALSO, WITHOUT C FORM. KINDLY MENTION IN THE BILL THE FOLLOWING NARRATION TO AVOID ANY CHECKPOST PROBLEM,