charging VAT on sale of scrap

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Scrap material consisting of used bottles,packaging ,cartons,old furniture etc are being sold to petty scrap dealer with turnover less than ₹ 300000/- Are we supposed to collect VAT from the ven .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... dor. - Reply By Ganeshan Kalyani - The Reply = The turnover of seller is important to determine whether tax need to be collected on the sales invoice or not. You need to ascertain your turnover and .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... charge VAT accordingly. Thanks.. - charging VAT on sale of scrap - Query Started By: - rajnikant raksha Dated:- 27-5-2017 Value Added Tax - VAT-CST - Got 1 Reply - VAT and Sales Tax - Discussion .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... 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

→ Full Text of the Document

X X   X X   Extracts   X X   X X