Upgrad
LCI Learning

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

Does one have pay tax for moving used & expensive machine from one state to another?

(Querist) 25 March 2011 This query is : Resolved 
My company want to send a expensive(Rs 15 lakhs) scanning machine, which has already been used for sometime from new delhi to pune for a period of around one month.Does the company have to pay tax and/or will there any problem. please reply urgently
Guest (Expert) 25 March 2011
To which type of tax do you want to point out?
Adv. Sunil (Expert) 26 March 2011
Mr. Dhingra by this he mean Octrai tax only.
Surrender K Singal (Expert) 27 March 2011
If the machine is being sent on returnable basis only, there would be provision for exemption or refund after it is exported out of Pune (Bahiti system); As no transfer / sale is involved, interstate ST may not be leviable ! It has already suffered Tax while purchasing !
MUKESH SHARMA (Expert) 27 March 2011
please clarify in detail you want to shift the machine to your own unit or ?
jolly (Querist) 28 March 2011
the machine(used) is being sent for a period of 1 month to the another branch(pune) from new delhi of the same company. which tax might be levied on it & what is the procedure.


You need to be the querist or approved LAWyersclub expert to take part in this query .


Click here to login now



Similar Resolved Queries :