Vat tax on scrap from construction


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Querist : Anonymous

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Querist : Anonymous (Querist)
15 December 2012 Dear All,

Whether the VAT Tax payable on steel scrap sales and What is the rate of tax payable on sale of scrap, which generated during the construction.

Ours is power plant, we are not paying any sales tax on power sales, But we want to sell the scrap generated during construction of power plant.

Please help us.
Swamy Kar

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Querist : Anonymous

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Querist : Anonymous (Querist)
18 January 2013 dear experts,

please answer my query.


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