VAT APPLICABLITY

[K R VEERESH]

Sir please advice regarding the below VAT issue. Applicabality of VAT and CST to co-operative socities regstered under Karnataka Souharda Sahakari Act, 1997 ?

[Surender Gupta]

Generally co-operative society is liable to VAT/CST as a ordinary trader / dealer. But if there is some specific exemption or exclusion in respect of karnataka VAT, you need to get the information form the related department or local sources.

AI Summary

VAT/CST liability: cooperative societies are generally treated as ordinary dealers, subject to any specific local exemptions. Cooperative societies registered under the Karnataka Souharda Sahakari Act, 1997 are generally treated as ordinary traders or dealers for VAT and CST purposes, making their taxable transactions chargeable under the respective laws; any specific exemption or exclusion under Karnataka VAT must be identified and confirmed with the appropriate local tax authority.