Please Help: sales tax / vat
Posted Date : 01-Nov-2012 , 01:20:44 pm | Posted By: Shubham Jain
Category :
VAT | Answers :
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Comments :
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can anyone tell me that, whether sales tax/ vat is applicable on the purchase of paper by news paper company |
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Answers:
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 Answer by: Rishabh Upadhyay |
| Hi, I am not sure about the levy of VAT on Paper, as asked by you though what i know is, "Sale of Newspaper is exempt from sales tax, so in either case no VAT input will not be available"
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| Comments |
| Posted By : Vipul Jadhav |
18-Dec-2012, 08:37:55 |
| purchase of paper for any purpose is taxable under mvat |
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| Posted By : KCJM_IN |
06-Nov-2012, 05:05:07 |
| Newspaper & magazines are not covered under the defination of goods in VAT and thus no VAT is applicable on sale/purchase of such magazine. |
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| Posted By : Shubham Jain |
02-Nov-2012, 03:20:18 |
| thank you very much sir |
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