SIR
1. if we purchases goods from unregistered dealer in uttar pradesh... who will paid the vat...and what will be the input credit implecation...is credit available ,,,, please tell me,
2. what is the tax rate on sticker ...which are to be stick on eletronic items sale in up.
Whenever you buy some goods from an unregistered dealer you have to collect vat from him by issuing a self purchase bill. This vat collection has to be declared in your monthly return and paid. Then on its sale the same can be claimed back as input tax credit. Stickers are generally liable for full tax i.e. 14% orwhatever it is.......mjk
Gupta Sachdeva & Co. Chartered Accountants
New Delhi
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