section 62
Sales not liable to tax
The Meghalaya Value Added Tax Act, 2003Tax2003117 sections12 chapters
Chapter VI RETURN AND PAYMENT OF TAX, ASSESSMENT ETC
Statutory text
- (1) notwithstanding anything contained in this Act, a value added tax shall not be imposed under this Act-
- (i) Where such sales or purchase takes place outside the State of Meghalaya. (ii)Where such sales or purchase takes place in the course of interest trade and commerce, or (iii)Where such sales or purchase takes place in the course of import of goods into the territory of India or export of goods out of the territory of India.
- (2) For the purpose of this section whether a sale or purchase takes place-
- (i) Outside the State of Meghalaya, or (ii)In the course of interstate trade or commerce; or (iii)In the course of import of goods into the territory of India or export of goods out of the territory of India, shall be determined in accordance with the provision of section 3, section 4, and Section 5 of the Central Sales Tax Act, 1956.
Study data processing for this section.
PDF: pending for this language.