Bike insurance and repair
This query is : Resolved
02 October 2022
Hyy, i want to know that how insurance and its taxation working in Bike showrooms , from buying it and when bike owner withdraw his insurance for various reasons. can someone explain with examples please.
02 October 2022
What you mean by bike owner withdraw his insurance? Till it is sold to customer, there would be no owner...
02 October 2022
Yeah means who buys the bike is owner of the bike
02 October 2022
For the show room its just stock, so the insurance is for all the existing stock in trade. When any bike is sold the stock gets reduced to that effect.
05 October 2022
Ok sir thank you for your time
05 October 2022
You are welcome...
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