Our Unit is situated in Gujarat we wish to sale one machinery(Purchase of arount 1989) now we wish to sale it within gujart.What vat amt should be charge for this sale.
Request to give proper guidline regarding this matter.
08 January 2010
as per rate specified in ACT. VAT would be charged on sale value. for charging the sale tax, there should be considration, whether profit and gain is there or not.
CAclubindia
