If Brand name is transferred then VAT would be applicable or not? Pls reply. Thanx in advance...
M P Singh
(Service - Finance & Taxation)
(180 Points)
Replied 10 February 2010
Hi ,
yes ....it is marketable and shall be treated as goods and shall be liable to tax ...
Regards
25 Hours GST Scrutiny of Return and Notice Handling(With Recording)
Survey, Search and Seizure under Income Tax Act 1961