section 13
Exemptions, zero-rate of tax and re-imbursement of tax in certain cases:
The Nagaland Value Added Tax Act, 2005Tax2005100 sections
Statutory text
- (1) The sale of goods as specified in Schedule-I shall be exempt from tax under this Act subject to conditions and exceptions set out therein.
- (2) The State Government after giving in the official gazette such previous notice as may be considered reasonable of its intention to do, may, by like notification, add to, amend or otherwise modify, the said schedule and there upon the said schedule shall be deemed to be amended accordingly.
- (3) Zero-rate of tax in certain cases: When calculating the output tax in relation to the following cases of dealers, the rate of tax shall be Zero rated: (i) Export from India, i.e, the tax applicable to the exported commodities would be zero and credit/refund would be available for VAT paid on inputs going into such exports. (ii) Sales from Domestic Tariff Area to Special Economic Zones would be eligible for the same treatment as in sub-section (1) of this Section. (iii) Exports of export oriented Units and EHTP/STP Units would be taxed at zero (0%) supplies from DTA to such units would be zero- rated and the supplying unit would get credit/refund for VAT paid on inputs used by them. (iv) Sales from SEZ Units and units under FTZ's would be exempt from levy of VAT. (v) Goods and services provided by EPZ/EPIP would be taxed at zero %.
- (4) Reimbursement of tax in certain cases: Tax collected under this act on official and personal purchases made by foreign diplomatic missions and their diplomats as well as United Nation and its organization including other International Organization and their diplomats shall be re-imbursed in such manner and subject to such conditions as may be prescribed.
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