Vat
This query is : Resolved
17 November 2011
A is supplier of machinery.he sold Machine to B who is using machine for his factory.after 2 years he sold his machinery to C which is not used by him.whether B will issue VAt bill?
MJ Krishnamurthy
(Expert)
18 November 2011
Mr.Sourav,
Yes, B has to issue a VAT bill.If A&B are within one state, B can deduct the vat paid on his purchase of the same machine ,if it has not been already made,while paying to the govt.
MJK
Yes, B has to issue a VAT bill.If A&B are within one state, B can deduct the vat paid on his purchase of the same machine ,if it has not been already made,while paying to the govt.
MJK
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