27 November 2014
Hi, I have old gold & jewellery which I want to sale. But I am Individual and not registered with Sales Tax. Please suggest me how to process and how it will be reflected in balance sheet
27 November 2014
Long term capital Gain arising out of this should be shown in income tax return. For VAT you do not need to have VAT registration for sale of gold and jewellary, in individual capacity
CAclubindia
