31 December 2012
an unregistered dealer is selling his machine to another person what vat procedure are applicable i wll b highly obliged if u wll reply it soon
31 December 2012
Should the value of the machinery sold by the URD be below the registration limit for the URD incl. all his other sales. Then he may sell the machine without any levy of tax. The buyer should he be a registered dealer he would pay tax on purchase..
CAclubindia
