I have sold VKGUY license through agent to third party. Agent and third party both situated in Maharasta. I am Gujarat based exporter. am i liable for VAT under Gujarat? what will be treatment for this whole transaction ?
Menu
Treatment of sale of vkguy license
Replies (1)
Yes the duty credit scrips attract VAT. you have to charge VAT on the value of the scrip.
Recent Threads
- Form 16 format
- 17(5) Blocked ITC
- Transfer of equity shares to original owner
- Login credentials and payment acknowledgement not
- Export sales not realised payment not received fro
- Capital gain account amount utilisation
- Form 26QB – Section 194-IA: TDS on Full Cons
- Indexation Benefit available or not on Calculation
- Documents for return exhibition material
- Can I set off equity losses(both short term loss a
Related Threads
CAclubindia
