TMI BlogChargiability of goodwill under vatX X X X Extracts X X X X X X X X Extracts X X X X ..... Can goodwill chargeable under VAT - Reply By Rama Krishana - The Reply = absolutely no. - Reply By subhashmajumdar - The Reply = Mr. Dubey you must be know that VAT is applicable only on Commodity or ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... in other words, goods. Goodwill is not goods or commodity it is completely intangible & part of capital cum assets if Goodwill will be cover VAT then after few times Govt. will be carge VAT on capita ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... l also. Finally conclussion goodwill is not chargeble under VAT. - Chargiability of goodwill under vat - Query Started By: - deepak dubey Dated:- 16-5-2009 Value Added Tax - VAT-CST - Got 2 Replies ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... - VAT and Sales Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxT ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... MI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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