Vat liability on transfer of capital assets
This query is : Open
Querist : Anonymous
Querist :
Anonymous
(Querist)
27 October 2014
Dear Sir
We are running hospital now we are going to sell the capital goods like building, furniture, surgical instruments to another person. Please let me know what % of VAT need to be collected on this transfer of asset in gujarat
We are running hospital now we are going to sell the capital goods like building, furniture, surgical instruments to another person. Please let me know what % of VAT need to be collected on this transfer of asset in gujarat
27 October 2014
12.5% vat is leviable on transfer of vehicles
Querist : Anonymous
Querist :
Anonymous
(Querist)
28 October 2014
Yes we r selling hospital in totality. Than no VAT ? R u sure. If yes pls provide me relevant circuler
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