TMI Blogquery on saleX X X X Extracts X X X X X X X X Extracts X X X X ..... A partner ship firm registered under vatAnd CST having given/ allotted the following items to resell: 1. Kiryana goods 2. Confectionery goods 3. Stationary goods. Now this firm sold some goods not ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... mentioned in the vat registeration certificate- like electric iron. electric bulbs, mobiles etc. what is the liability of the firm- having sold items not mentioned in the registeration certificate. ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... - Reply By YAGAY AND SUN - The Reply = It is an offense under Punjab VAT Act. Please get your RC amended to incorporate the goods intended for trading. - Reply By PARTHASARATHY V - The Reply = At ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... the time of assessment, you may be ending up for payment of Purchase tax and input credit not permissible, also the sale of goods will attract VAT. Hence please amend the RC immediately to avoid unn ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ecessary levy of tax and smooth availment of Input Tax Credit. - query on sale - Query Started By: - sunandan sharma Dated:- 31-8-2015 Value Added Tax - VAT-CST - Got 2 Replies - 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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