Hi.. I have faced a Query, My client is a Serice Provider and has sold 3 Cars for Rs. 18,00,000/- , the Purchaser is also a Service Provider , I want to know , Whether VAT is applicalble to my Client and Will he have to apply for VAT Registration???
priyanka (manager) (109 Points)
07 November 2009Hi.. I have faced a Query, My client is a Serice Provider and has sold 3 Cars for Rs. 18,00,000/- , the Purchaser is also a Service Provider , I want to know , Whether VAT is applicalble to my Client and Will he have to apply for VAT Registration???
sourabh
(3)
(73 Points)
Replied 08 November 2009
yeah ofcourse urs client is selling the goods
he is liable for vat reg. for paying vat
Harish Arora
(Chartered Accountant)
(52 Points)
Replied 09 November 2009
Hello
It depends on whether the business of Service provider is also of Dealing (Sale-Purcahse) of the cars.
If the service provider is selling his own personal car, then he is not required to get registered under VAT.
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