Dear friends
For sale of second handed machine to some one, we should raise output vat or not ?
1 Replies
Somaas Kandan
(CA Final)
(385 Points)
Replied 26 May 2010
If Input Vat has been claimed during the purchase of that machine then Output Vat can be levied.
Recent Topics
- Cash limit donations received
- Sales credit note and delivery challan
- Itc regarding query
- TReDS platform and accounting
- Can I show Salary to avoid TDS 194J
- Stamp Duty onConversion of Partnership firm to Com
- RCM libilities
- GST ITC Eligibiltiy
- Missed to declare the Intraday Profit in ITR
- Book for Indirect tax CA Final
Related Threads
Trending Online Classes
-
25 Hours GST Scrutiny of Return and Notice Handling(With Recording)
Industry Expert14 February 2025 -
Survey, Search and Seizure under Income Tax Act 1961
CA Hari Agarwal
CAclubindia
