Vat payment
This query is : Resolved
14 November 2016
We have LLP firm, Event Mangement Company in last year only incorporated, Rs 500000 lacs loss
We have 4 computers & 3 laptops, firm is going to dissolve, i want sale my compuetrs & Laptop in cash.
We dont have VAT Tin No. What to do now. for Single transaction we have take VAT No.
We have 4 computers & 3 laptops, firm is going to dissolve, i want sale my compuetrs & Laptop in cash.
We dont have VAT Tin No. What to do now. for Single transaction we have take VAT No.
Shudhanshu Agrawal
(Expert)
14 November 2016
There is no need for you take VAT no. You can easily sell your assets. However, VAT will be paid by the registered dealer from his own pocket for the purchase of assets from an unregistered dealer.
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