27 December 2008
I want to know that, what would be the effect on unregistered dealer, they purchase with vat and sales afetr adding vat with sales price, but do not pay the vat to govt. so actually customer will be the bearer of high cost and dealer engulf the vat collected from customer. may I know, the company who sale the prodt. to Un-registered dealer have to pay any extra amount? plz referred the total cycle of Vat Purchase and Sales to Registered dealer and un-regisered dealer with any examples.
27 December 2008
Mr Amit you are talking of an offence which you are commiting by 1 collecting VAT even aftre being URD 2 Collecting govt. taxes & not depositing
CAclubindia
