charging VAT on sale of scrap

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....harging VAT on sale of scrap<br> Query (Issue) Started By: - rajnikant raksha Dated:- 27-5-2017 Last Reply Date:- 30-5-2017 VAT + CST<br>Got 1 Reply<br>VAT / Sales Tax<br>Scrap material consisting of....

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.... used bottles,packaging ,cartons,old furniture etc are being sold to petty scrap dealer with turnover less than &#8377; 300000/- Are we supposed to collect VAT from the vendor. Reply By Ganeshan Kaly....

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....ani: 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 charge VAT accordingly. Thanks......

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