If a company sold any capital goods to its employees then it will charge RVAt or not????????????
no, on sale of capital goods Rvat Is Not Charged evan the goods sold to enyone
Becoz Vat Input Can't be taken On the Capital Goods
Yes agree with vikas. There is no VAT liability . Bcz. VAT Input not available On the Capital goods.
Dear Shivani
In my views its Applicable because whenever i purchase Capital goods i.e Machine i take input claim.
In available only on Manufacturing unit because in trading no need of machine. so whenever you sale it Tax is paybale.
Regards
I agree with Nitin Grower.......
we can take credit of input on capital good & we can take credit of input in three year (I.e.36 Month)
Your are not logged in . Please login to post replies Click here to Login / Register
More recent discussions | Post
N N V Satish&co
Hyderabad
CA
TAXLET
Calicut
B.Com
Ashok Amol & Associates
New Delhi
CA Final
Gupta Sachdeva & Co. Chartered Accountants
Abhishek G Agrawal & Co.
Korba
CA Inter
India's largest network for finance professionals
Alternatively, you can log in using: