One of our client is service provider ans is registered under service tax act. It is currently providing data processing services to the clients abroad. Now their current computer systems which the having book value of 4 laks needs to be replaced with the latest technology as per client requirement.
Query: Do they require to pay vat on sale of old computer at a price of Rs. 4.5 laks. D they require to obtain the registeration under vat though they need not to sale anything in near future.
Please suggest how to overcome the complexity of vat regsiteration.