Used Laptop/Mobiles sales to employee
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
17 August 2010
Sir,
We have a manufacturing plant in Gujarat. Company has provided laptop & mobile to the Managers. Now one of the Manager is retiring & wants to buy the laptop & mobile(which he was using)at depriciated value. I want to know whether this transaction will attract VAT. If yes, how much?
We have a manufacturing plant in Gujarat. Company has provided laptop & mobile to the Managers. Now one of the Manager is retiring & wants to buy the laptop & mobile(which he was using)at depriciated value. I want to know whether this transaction will attract VAT. If yes, how much?
19 August 2010
This attracts VAT @ 5% in gujarat.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- CAPITAL GAIN BASE ON NOTIFICATION
- Form 140 tds
- NRI starting business in India
- ITDS U/S.194T of Firm
- Unregistered suppliers utility
- ADVANCE PAYMENT OF ADVOCATE
- Demand Outstanding AY 2013-14 TDS Deducted not shown in 26as
- FCRA 6 E- Intimation
- The TDS balance for March 26 shows a mismatch between the books and the portal; what should be done
- Invertaded duty struture
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- CREDIT NOTES WITHOUT GST
- Taxable or Tax exempt
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
- LLP audit under companies act
- Experienced CA recommendation from Kolkata for FNO return filing
- Interest Reporting in Form 168
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
