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Q. > Please Help: sales tax / vat
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232 views • Question added Nov 01, 2012 • VAT • By Shubham jain , Agra


can anyone tell me that, whether sales tax/ vat is applicable on the purchase of paper by news paper company

1 Answers

answered Nov 01, 2012 by Rishabh Upadhyay , Chandigarh

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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Shubham jain

02-Nov-2012 , 03:20:18 pm

thank you very much sir

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KCJM_IN

06-Nov-2012 , 05:05:07 pm

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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vipul jadhav

18-Dec-2012 , 08:37:55 pm

purchase of paper for any purpose is taxable under mvat

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