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.
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