Vat liability

My client is engaged in service sector. They are planning to closed branches of Gujarat and therefore they want to sale old equipment and furniture worth Rs 50 lacs.

My query is whether my client is liable for vat liability. As he is in service industry, he has service tax number but he is not registered under VAT.

 

Kindly reply 

Replies (1)
No VAT Liability arises as he is not registered under VAT & sale of fixed assets not covered in VAT.

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