Tax on capital goods

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Querist : Anonymous

Querist : Anonymous (Querist)

21 May 2013 whether a dealer who is not trading in capital goods, should levy tax on sale of capital goods.

kunal (Expert)
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21 May 2013 yes.. under head capital gain

Querist : Anonymous

Querist : Anonymous (Querist)

21 May 2013 thanks sir..........
but i m asking whether the dealer should levy vat on sale........

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