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is cotton seed taxable?
06-07-2011, 01:37 AM
Post: #1
is cotton seed taxable?
i want to know about cotton seed is it taxable or not? earlier there was 1.5 withholding tax on it than under a contract it decreases to 1%. but in practice ginners tax payers are claiming its exempt from tax..is it true? is there any circular regarding this? any refrence document?.
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