vat collection on scrap duty
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
30 June 2011
hi all,
here this is ranjith vat on scrap is collected in the year 2005-06. for the a.y 2006-07 and 2007-08 vat is not collected on scrap auction. the value is about 80 lakhs. and for the a.y 2008-09it is collected normally.
can u suggest the corrective measures for this and guide me the proccedings.
here this is ranjith vat on scrap is collected in the year 2005-06. for the a.y 2006-07 and 2007-08 vat is not collected on scrap auction. the value is about 80 lakhs. and for the a.y 2008-09it is collected normally.
can u suggest the corrective measures for this and guide me the proccedings.
MJ Krishnamurthy
(Expert)
03 July 2011
Mr Ranjith, There is nothing you can do about it now. No corrective measure is available under the VAT law anywhere.
MJK
MJK
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