banner_ad

vat on used machinery


16 March 2011 Pls let me know the rate of VAT applicable on sale of used machinery(like hydra mobile crain used for loading & unloading in transmission tower line business) in Maharashtra. is it 12.5% or 5%

also let me know what is the excise impect on same how to prepare invoice for same

your early reply will be highly solicited

Thanks & regards

16 March 2011 Yes. Under MVAT Act, you will have to charge 12.5% vat on used machinery Schedule Entry E-1.



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


CCI Pro

Similar Resolved Queries


loading


Unanswered Queries



CCI Pro
Meet our CAclubindia PRO Members

Follow us
add to google news



Answer Query



Company
22 May 2026
Sr. Financial Analyst - Consolidation

Search Synergy

Mumbai

CA

View Details
Company
19 May 2026
Accountant

ca kunjan

Mumbai

CA Inter

View Details
Company
16 May 2026
Audit clerk

mgirt & co

Bengaluru

CA Inter

View Details
Company
07 May 2026
CA Assistant

amit desai and co

Mumbai

CA Final

View Details
Company
19 May 2026
Fundraising Expert

MentorsWorld Ventures Private Limited

Ahmedabad

Others

View Details
Company
26 April 2026
Chartered Accountant

Source HR

Mumbai

CA

View Details
Company
21 May 2026
Associate

PWC

Kolkata

CA

View Details
Company
23 May 2026
Article Assistant

Geeta Manchanda & CO.

New Delhi

CA Inter

View Details