VAT

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

18 June 2010 pl clarify whether sale of mobile (re-chargable) currency is goods or not in the KVAT and whether we have mention in the monthly returns or not

CA. B.SRINIVASULU

CA. B.SRINIVASULU (Expert)
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19 June 2010 On rechargeable currency service tax is applicable and therefore vat is not applicable. But in your return you have mention the same as exempted goods.

Querist : Anonymous

Querist : Anonymous (Querist)

19 June 2010 thanks

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