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sale of equpments(machinery)within state

This query is : Resolved 
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(Querist)
06 January 2010 All experts

Our Unit is situated in Gujarat we wish to sale one machinery(Purchase of arount 1989) now we wish to sale it within gujart.What vat amt should be charge for this sale.

Request to give proper guidline regarding this matter.

Thanks
Sandeep
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Vishnu Saboo

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Vishnu Saboo (Expert)
08 January 2010 as per rate specified in ACT.
VAT would be charged on sale value.
for charging the sale tax, there should be considration, whether profit and gain is there or not.
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