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Vat on take over

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(Querist)
16 August 2013 Is VAT applicable if a Private limited company take over the stock and assets of a partnership company, when there is no major change in the management?
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CA. Brijesh Baranwal

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CA. Brijesh Baranwal (Expert)
17 August 2013 It seems that VAT shall not be applicable.

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