Mvat on machine sale


This query is : Resolved 

07 February 2013 If a registered Xerox shop turnover
(above 50Lacs) sales his old machinery..
Is he liable to collect MVAT??
He is nt a trader in Machinery..

09 February 2013 YES, You have to pay mvat

10 February 2013 and if they give it free of cost then???

18 August 2023 In that case also VAT tax liability arises.


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