Vat on Sale of OLD DG-SETS., VAT + CST

[DHARMENDRA SINGH]

Dear Experts,

Please advise VAT applicable on sold our old DG-Set. If applicable which rate under Haryana vat.

Posts / Replies

[Pradeep Khatri]

Dear Dharmendra,

Since, DG sets are unclassified item under the HVAT Act, 2003, therefore, rate of tax would be 12.50 percent +Cess as applicable on sale of old DG Sets.  This aspect has been clarified in Bhaskar Genset, Gurgaon and Apple Genset, Faridabad, determining the disputed question by the HVAT Department.

Regards

Team YAGAY & SUN

(Management & Indirect Tax Consultants)