Resale of fixed asset

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Querist : Anonymous

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Querist : Anonymous (Querist)
11 June 2013 Dear All,

I have a Trading business. Since I am shifting to new premises, I want to sell of my Furniture, Air conditioners, UPS, Electrical Fitting to the a company which is into Software Business. My company is registered under VAT in Maharashtra.

Should I charge VAT on sale of assets

11 June 2013 yes
charge VAT on sale


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