Sale exempt from tax: exemptions cover listed goods, specified dealers, and capital goods sold without prior input tax credit. The statute exempts the sale of goods listed in the First Schedule subject to conditions and exceptions; exempts sales by dealers or classes of dealers specified in the Fifth Schedule subject to prescribed conditions; and exempts sale of capital goods used exclusively for other than non-taxed sales where no tax credit was claimed under section 9.
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Provisions expressly mentioned in the judgment/order text.
Sale exempt from tax: exemptions cover listed goods, specified dealers, and capital goods sold without prior input tax credit.
The statute exempts the sale of goods listed in the First Schedule subject to conditions and exceptions; exempts sales by dealers or classes of dealers specified in the Fifth Schedule subject to prescribed conditions; and exempts sale of capital goods used exclusively for other than non-taxed sales where no tax credit was claimed under section 9.
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