Sale of duty credit scrips
This query is : Resolved
Hari Ganesh.V
(Querist)
30 May 2012
Can any one tell me the procedure for sale of FPS scrip in the open market... I want to understand how it will be practically done and how the receiver scrip will be registered in the name of the buyer of the scrip.. also can one tell me whether the sale of FPS scrip is subjected to VAT in Tamil Nadu..
RAMESH KUMAR VERMA
(Expert)
31 May 2012
in market the licence rates agents sell and purchase in vat and Non vat rates.
yes applicable rates in tamilnadu too.
regards,
yes applicable rates in tamilnadu too.
regards,
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