Free warranty claim vat chargeable or not
This query is : Resolved
07 January 2014
hi,
one of my client is car dealer. sales tax deparment demanded vat on free warranty sparepart replacement. is he liable to vat on such sparepart replacement which are replaced free of cost?
CMA Ramesh Krishnan
(Expert)
08 January 2014
Basically VAT is applicable on either sale or given free of cost
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