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Delhi Vat liability on Sale of Used Car for Business

This query is : Resolved 
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(Querist)
23 May 2008 Dear sir,
Please confirm on the following queries as earlest.

1. we are registered with delhi Vat and had purchased a new car for Business in the F.Y.2003-04. We want to sell the above cited car in the month of May,2008.

Please confirm whether we are liable to pay Vat on the sale of above cited Car

Ram Niwas Gaur
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Jitender

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Jitender (Expert)
23 May 2008 yes ,u r liable to pay vat on it.
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