05 November 2009
I AM TRANSPORTER AND HAVE 60 TRUCKS. I ALSO HAVE PETROL PUMP ON CONSUMPTION BASIS. I AM NOT SELL THE DISEL TO OUTSIDE PARTY. USE THE DIESEL IN MY OWN VEHICLES.
IS VAT APPLICABLE ON THE CONSUMPTION OF DIESEL OR NOT.
05 November 2009
Vat is not applicable in IDTO transctions. If Ur petrol bunk & truck has having different-2 service based pan reg no. in that case VAT is applicable.
CAclubindia
