My father passed away recently. He ran a small shop selling goods and paid MVAT taxes. We’re unsure about his VAT payments and are worried about the legal implications. His shop and a flat are registered in his name. What can we do to protect these assets from legal trouble?

Apni Law
Apni Law
Law Forum › Category: Property › My father passed away recently. He ran a small shop selling goods and paid MVAT taxes. We’re unsure about his VAT payments and are worried about the legal implications. His shop and a flat are registered in his name. What can we do to protect these assets from legal trouble?
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Apni Law Staff asked 1 year ago

My father passed away recently. He ran a small shop selling goods and paid MVAT taxes. We’re unsure about his VAT payments and are worried about the legal implications. His shop and a flat are registered in his name. What can we do to protect these assets from legal trouble?

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Best Answer

Apni Law Staff answered 1 year ago

You need to appoint an executor or administrator to manage your father’s estate. They should file his final VAT returns and settle any outstanding dues. Consult a lawyer to understand your legal obligations and potential liabilities.

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