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Vat on sale of used fixed assets

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Querist : Anonymous

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Querist : Anonymous (Querist)
06 January 2015 Rates of VAT in Maharashtra on Sale of Old Fixed Assets:

1. Vehicle (CAR)
2. Furniture & Fixture
3. Computer & Laptop
4. Scrap

Request opinions.
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Querist : Anonymous

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Querist : Anonymous (Querist)
06 January 2015 Can anyone help pls.
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Adv. Kiran Marathe

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Adv. Kiran Marathe (Expert)
07 January 2015 Vehicle (CAR) -12.5%

Furniture & Fixture- 12.5%

Computer & Laptop - 5%

Scrap :- 5% if industrial scrap 12.5%

vat is applicable
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Querist : Anonymous

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Querist : Anonymous (Querist)
14 January 2015 Thanks Kiran for your valuable reply.
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