Can Anyone tell me the Rate of VAT on second Hand Goods in Haryana.
Vat on second hand goods
CA Gaurav Gupta (Business and Management Consultancy) (69 Points)
30 January 2013CA Gaurav Gupta (Business and Management Consultancy) (69 Points)
30 January 2013Can Anyone tell me the Rate of VAT on second Hand Goods in Haryana.
Mr Subrata Dasgupta
(Finance Professional)
(171 Points)
Replied 30 January 2013
Dear Gaurav
There is no concept of "second hand goods" under VAT Laws. The Rates mentioned in the Schedule appended to the Haryana VAT Act shall apply to the goods in question
CA Gaurav Gupta
(Business and Management Consultancy)
(69 Points)
Replied 31 January 2013
Dear Dasguptaji,
There is sale of Second Hand UPS which is above Rs.5 Lakh, so what is the rate of VAT on it.