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is refund possible in stock tranfer from one state 2 another

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(Querist)
13 December 2010 is refund is possible in case of stock transfer from one state to another state and first state only purchase stock and transfer it to another state. there is no sale in first state
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CA Shailesh Kumar Bhagat

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CA Shailesh Kumar Bhagat (Expert)
13 December 2010 No, refund is not allowed in this case under VAT.

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