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Vat on sale of fixed assets

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22 February 2013 Dear sir,

my company deals in sale purchase of paints and hardware, and my company has a car and we wants to sale it to an individual now query is does the company have to charge any vat from the individual on car sale if it is not the main objective of the company.

thanks

amit

23 February 2013 In maharashtra you will have to charge VAT on it.



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