Deepak Gadgil (Chartered Accountant) (19 Points)10 May 2007
A company having it's registered office in Delhi is having 2 production units in Maharashtra say one at X & another at Y. Both these units are separate manufacturing units having different identitites & REgistration Certificates under MVAT 2002 & assessed as separate "Dealers" in two different places i.e. X & Y respectively.
X transfers machinery to Y whether the same is to be treated as "sale" under MVAT & tax is to be charged? Please give proper explanation for ur answer quoting relevant section, rule circular, notification etc.
CA Deepak Gadgil
0217-2318152 / 9422068273 / 9960633199