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Reverse charge in VAT |
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Dear member, Any line "Reverse charge in VAT" is available in the context of VAT?, If yes please let us know the definition of the same. Regards Rakesh K. Paliwal. Posts / Replies Showing Replies 1 to 1 of 1 Records Page: 1
Dear Rakesh, There is no reverse charge in VAT but Purchase Tax may be leviable if a dealer purchases goods from unregistered dealer in the State and dispose off such goods either in the State or Inter-State without payment of VAT, then, buyer of the such goods is liable to pay the purchase tax at the applicable rate. Regards Team YAGAY and SUN (Management and Indirect Tax Consultants) Page: 1 Old Query - New Comments are closed. |
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