sir
i want to know, how to transfer that stock in the balance sheet which transfered in to 12.5% vat from 4% vat
kindly give the answer i m wating for ur reply
Tarun Kumar Gupta (Legal Adviser) 30 July 2013
sir
i want to know, how to transfer that stock in the balance sheet which transfered in to 12.5% vat from 4% vat
kindly give the answer i m wating for ur reply
V.Devananda Narasimham (Advocate) 18 August 2013
Mr. Tarun,
VAT is payable on the sale value of the goods at the rate fixed by the statute. In the case of misinterpretation or classification in respect of tax rate, explain the same with reconciliation and reasons for such mistake.
© 2024 LAWyersclubindia.com. Let us grow stronger by mutual exchange of knowledge.
