Exemption on VAT/CST for goods manufactured for Export
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....xemption on VAT/CST for goods manufactured for Export<br> Query (Issue) Started By: - Samir Banerjee Dated:- 28-11-2015 Last Reply Date:- 28-11-2015 VAT + CST<br>Got 2 Replies<br>VAT / Sales Tax<br>I....
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....f a manufacture procure raw material, capital goods that are used to manufacture of goods for export. Is there any provision that (a) manufacturer of such goods could procure raw material & capital go....
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....ods with upfront VAT & CST exemption (b) if manufacture needs to pay VAT & CST, can he claim refund of the same. Please let me know provision for both situation with procedure to avail the full exempt....
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....ion Reply By YAGAY AND SUN: The Reply: Dear Sameer, Yes, there are provisions in State specific VAT Laws either to procure the inputs/material etc. without payment of VAT on producing prescribed F....
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....orms or avail the refund at the time of finalization of Audits/Assessments. But tax paid under the provisions of CST Act, 1956 would gonna be a cost to you though concession rate 2% against C form is ....
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....available. Regards, YAGAY and SUN (Management, Business & Indirect Tax Consultants) Reply By MARIAPPAN GOVINDARAJAN: The Reply: Yes the viewsof Yagay and Sun is correct.<br> Discussion Forum - Kn....
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