TaxTMI 
TaxTMI 
Dear Expert
Please advice if any one trade textiles item i.e non taxable item in Jammu & kashmir and interstate , sale tax registration mandatory or not , if yes please advice procedure with theresold limit.
Firm based on jammu & kashmir
VAT /CST registration
08 Jul 2012 
1 Reply 
1713 Views Asked by
VAT exemption for Jammu & Kashmir units requires invoice price adjustment and confirmation of registration and procedures.
VAT treatment for textile traders in Jammu & Kashmir provides a state exemption for units established within the State while requiring dealers to make an equivalent price adjustment on invoices to neutralise VAT impact; traders must follow the State VAT rules on registration and obtain departmental clarification through the prescribed query process for thresholds and procedural details. (AI Summary)
VAT treatment for textile traders in Jammu & Kashmir provides a state exemption for units established within the State while requiring dealers to make an equivalent price adjustment on invoices to neutralise VAT impact; traders must follow the State VAT rules on registration and obtain departmental clarification through the prescribed query process for thresholds and procedural details. (AI Summary)