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

Cooperative Societies under Karnataka Souharda Sahakari Act, 1997 Liable to VAT/CST; Check for Specific Exemptions A query was raised regarding the applicability of VAT and CST to cooperative societies registered under the Karnataka Souharda Sahakari Act, 1997. The response indicated that generally, cooperative societies are liable to VAT/CST like any ordinary trader or dealer. However, it was suggested to check for any specific exemptions or exclusions under Karnataka VAT by consulting the relevant department or local sources.