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DEPB License query

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(Querist)
15 June 2009 we r going to sale our DEPB License to party.
my query is should we charged vat on selling this license to party. if yes @ wht % of vat should be chagred.
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Ram Avtar Singh

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Ram Avtar Singh (Expert)
15 June 2009 In Delhi 4% dvat should be charged. but see your state vat rule.
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CA Nitin Wadhwani

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CA Nitin Wadhwani (Expert)
15 June 2009 Yes.
Under MVAT it's 4%.
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