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Vat/sales tax liability for a registered buyer

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Querist : Anonymous

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Querist : Anonymous (Querist)
24 November 2011 under which rule of goa vat act or any other act of any other state, provides a registered dealer to pay vat on purchases made from non registered dealer, particularly in respect of if the registered dealer is a builder/ real estate developer?
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MJ Krishnamurthy

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MJ Krishnamurthy (Expert)
25 November 2011 Mr. Author,
The registered dealer, who is the builder is liable to pay tax on purhases made from URDs.
MJK

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