vat on sale of used machinery


This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
02 December 2009 Pls let me know the rate of VAT applicable on sale of used machinery(like lathe drilling etc) in karnataka. is it 12.5% or 4%

03 December 2009 It should be 4%(refer notification no FD316 CSL 2005 dt 05.08.2005

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
03 December 2009 thank you, but does it include all machinery used in a light engineering industry such as MILLING MACHINE, SURFACE GRINDER etc or is there any other classification.

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
03 December 2009 a

05 December 2009 Please you check the notification mentioned. Generally used machine are taxable @4%


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro



Answer Query



Company
14 October 2026
Accountant

Rize.farm

Bengaluru

B.Com

View Details
Company
ARTICLESHIP 07 October 2026
Article assistant

S.K.Bajpai & Co.

Noida

B.Com

View Details
Company
Featured ARTICLESHIP 06 October 2026
Semi Qualified

AJAY SINGH AND CO LLP

Thane

CA Final

View Details
Company
ARTICLESHIP 21 September 2026
CA Article Assistant

KK & Company Chartered Accountant

Pune

CA Inter

View Details
Company
30 September 2026
Senior Accounts Executive

Codeboard Technology

Chennai

MBA

View Details
Company
22 September 2026
Account Assistant

Chirag P Shah & Co. Chartered Accountant

Pune

B.Com

View Details
Company
08 October 2026
SALES TELECALLER

HIRE NOVA

Lucknow

Graduate (Any)

View Details
Company
20 September 2026
Semi Qualified CA

Navin & Associates

Mumbai

CA Inter

View Details