Vat on gold gift

J.P. RANPURA (accountant) (50 Points)

19 June 2017  
Dear Sir, There is Query on Gold Gift, E.g; Imagine If there is any Gold Jewellery at time Purchase with VAT 1% (VAT Following on Gujarat State) and after Few years Gifted on relationship At that time VAT is Applicable or Not.. Please Reward Back on This Query,, Thank you J.P. Ranpura