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Our Bureau

Coimbatore , Jan. 2

The Tamil Nadu Government has exempted certain products from payment of tax under the newly introduced Value Added Tax on second and subsequent sales.

In separate Gazette notifications issued on Monday, the Government has said that in respect of fertilisers, the exemption from tax payable under the Tamil Nadu Value Added Tax, 2006 would be applicable to sale of fertilisers to the farmers by any dealer.

In respect of LPG, the exemption from tax was applicable to sale of LPG for domestic use to the consumer by any distributor other than by an oil company.

The Government has also notified tax exemption with regard to tax payable on sale of kerosene under public distribution system to family cardholders by wholesale/retail distributors/fair price shops.

All notifications have come into effect from January 1.

More Stories on : Taxation | Tamil Nadu

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