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MVAT on Scrap

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(Querist)
30 June 2009 Hi,

we are based in Maharashtra and registered with sales tax, if i sold some old scrap will it attract MVAT??if yes what will be the rate??

Waiting for your reply.

Nazir
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Sanjeev Kumar

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Sanjeev Kumar (Expert)
01 July 2009 Yes, @ 4%

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