VAT Rules for service industry

CA. Naveen Bhat (CA) (175 Points)

19 August 2010  

Hi

I want to know the VAT provision applicable for Service Industry.  The service industry does sells any goods. However, if it want to transfer its assets from one state to another or within the state what are the provision applicalbe. Form F under CST Act cannot be issued to unregistered dealer. So how can service company transfer its assets without registering under VAT???