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VAt

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(Querist)
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
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
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
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vishal

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vishal (Querist)
04 August 2010 thanks
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