Gold Loan & Sales Tax Registration
This query is : Resolved
28 December 2010
Hi all,
I'm an accounts executive in an NBFC from Kerala. Our company is largely doing gold loan business, and now we heard that once we auctioning the jewels of defaulted customers, sales tax registration is required in kerala.
could you please give your valuable opinions about this?
Mahesh G
I'm an accounts executive in an NBFC from Kerala. Our company is largely doing gold loan business, and now we heard that once we auctioning the jewels of defaulted customers, sales tax registration is required in kerala.
could you please give your valuable opinions about this?
Mahesh G
02 January 2011
sale through auction is covered under sales tax.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- CAPITAL GAIN REDEVELOPED FLAT
- Requirement under FEMA &RBI
- CLOSING STOCK QUERY
- GST ISD Query on various AMCs
- Technical Glitch in ITR-4 Online Form (AY 2026-27): Sec 44AE Partner Remuneration not mapping to E8
- Residential status of non resident
- Short Term Gain Reporting ITR
- F&O reporting in ITR
- Itr processing refund
- Gst reverse charge mechanism to be claimed in the month of payment
- Concept of Vendor and customner reconciliation
- Mistake in e-invoice identified after 24 hours
- EXPORT PAYMENT
- NRI ITR2 account in 2025-26.
- Query regarding reporting of exempt foreign remuneration in ITR (AY 2026-27)
- FEMA/RBI treatment — Amazon.ca arbitrage (US buy, Canada sell, goods never enter India)
- Goods return by customer
- INWARD REMITTANCE FOREIGN
- CPC and SAC
- Account freezed for Ineligible ITC Scrutiny for GST Annual Return
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
