Anil of Chennai made sale of goods to B Ltd. of Mumbai who bought the same to meet pre-existing export order. The sale by Anil to B Ltd. is

CS Executive · Tax Laws and Practice · PYQS · December 2015
Anil of Chennai made sale of goods to B Ltd. of Mumbai who bought the same to meet pre-existing export order. The sale by Anil to B Ltd. is
(A) Taxable as inter-State sale
(B) Exempt as deemed export
(C) Intra-State sale
(D) Exempted sale.

Answer & Explanation:

Correct Answer: Option (B)

Official answer key: (B).

Topics: Central Sales Tax Act, 1956

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