By Asim on 13 January 2020
I need some clarification on 'purchased warranty' from VAT perspective. I would like to understand that incase there’s a replacement of a spare part under warranty, do we pay VAT on that??? My understanding is that it should not be subject to vat again as the consideration towards a spare part replacement is included in the consideration charged at the time of warranty sale. Please correct me
If I am wrong.
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