TMI BlogLiability of vat - unregistered dealerX X X X Extracts X X X X X X X X Extracts X X X X ..... My company is unregistered dealer in Haryana and we plan to sell our assets to a registered dealer without charging VAT.Subsequently we wan't to take the assets back on a monthly rental lease basis fr ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... oom the company to whom we have sold the assets.I don't think we are required to take registration under VAT.I will charge NIL rate of tax and raise invoice.Also there should not be any liability on t ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... he leasing company for buying the assets from unregistered dealer.Please clarify - Reply By Sanjeev Kumar Sundriyal - The Reply = If your company is having assets in Haryana and wants to sell it to i ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... n the state of Haryana, and if the value of total sale is more than 5 lacs, then you need to charge VAT on the sale of assets. For this transaction you can take registration for a single time seller a ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... nd deposit the VAT amount to Department. - Liability of vat - unregistered dealer - Query Started By: - Rahul Bagaria Dated:- 11-5-2009 Value Added Tax - VAT-CST - Got 1 Reply - VAT and Sales Tax - ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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