Transfer of stock
This query is : Resolved
Nanji Manondra
(Querist)
09 July 2012
At present i am carrying Retail Business of Medical Store on the Licence of person "A" and now i want carry the business on my own medical licence.
Q -1 Can i Transfer the entire Stock from "A" to My own licence at cost price and carry the business?
if yes,
then should i need to make any agreement for that?
Or
Q - 2 If Mr.A sells the whole stock at cost price to me then Mr A is lible to pay any VAT under MVAT Act?
Q -1 Can i Transfer the entire Stock from "A" to My own licence at cost price and carry the business?
if yes,
then should i need to make any agreement for that?
Or
Q - 2 If Mr.A sells the whole stock at cost price to me then Mr A is lible to pay any VAT under MVAT Act?
Nanji Manondra
(Querist)
11 July 2012
waiting for quick reply............pls help me...
Dhirajlal Rambhia
(Expert)
28 July 2023
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