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I have started dealing in paintings?will I be required to pay VAT on the same?

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I have started dealing in paintings?will I be required to pay VAT on the same?

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  1. Only if your turnover exceeds £65k in any 12 month period.


  2. I do not know what "dealing" in paintings; VAT on paintings is applicable everywhere in Kolkata (WB for that matter).

    But VAT is applicable on the person who purchases the painting and not anyone else unless that is an understanding. So, if you are a dealer, you have nothing to do with VAT - the buyer has...

  3. Not if you don't get caught. Be good, be careful or don't get caught. Take care there is danger in this world at every step. Gouranga Gouranga Gouranga

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