Reg:- sales of fixed assets
This query is : Resolved
14 July 2014
Dear Sir,
Our company is a partnership firm and doing FMCG bussiness at Tamilnadu. We have lot of Fixed assets in our Accounts. Now we need to sell some computers, Furnitures as a second sale.
My query is what is the procedure to be follow for above process.
Thanks,
Muthaiah.J
muthu_jm2003@yahoo.co.in
Our company is a partnership firm and doing FMCG bussiness at Tamilnadu. We have lot of Fixed assets in our Accounts. Now we need to sell some computers, Furnitures as a second sale.
My query is what is the procedure to be follow for above process.
Thanks,
Muthaiah.J
muthu_jm2003@yahoo.co.in
14 July 2014
bring for tenders and sale it.
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14 July 2014
Dear Sir,
A Nursery & primary school is near by our town is ready to buy some computers, printers, furnitures. Can i sell them and i want to know any tax or vat payable by our firm for secondhand sale of these fixed assets.
Please clarify me.
Thanks,
Muthaiah.J
(muthu_jm2003@yahoo.co.in)
A Nursery & primary school is near by our town is ready to buy some computers, printers, furnitures. Can i sell them and i want to know any tax or vat payable by our firm for secondhand sale of these fixed assets.
Please clarify me.
Thanks,
Muthaiah.J
(muthu_jm2003@yahoo.co.in)
14 July 2014
then u need to check for vat applicability in ur state and nothing other than vat is payable .
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