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Mvat on machine sale

This query is : Resolved 
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(Querist)
07 February 2013 If a registered Xerox shop turnover
(above 50Lacs) sales his old machinery..
Is he liable to collect MVAT??
He is nt a trader in Machinery..
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Arvind Tiwari

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Arvind Tiwari (Expert)
09 February 2013 YES, You have to pay mvat
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Pratik Kambli

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Pratik Kambli (Querist)
10 February 2013 and if they give it free of cost then???
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Dhirajlal Rambhia online

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Dhirajlal Rambhia online (Expert)
18 August 2023 In that case also VAT tax liability arises.

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