VAt

This query is : Resolved 

24 July 2010 whether VAT is applicable on sale of fixed assets, if yes thenif he is not registered under VAT provisions then whts the remedy pls reply me

03 August 2010 VAT will be applicable on sale of fixed assets, but if the seller not a regular trader and not required to register under VAT then no necessary to charge VAT

04 August 2010 thanks


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