On sale of company car(new) vat applicable or not

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Querist : Anonymous

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Querist : Anonymous (Querist)
19 May 2015 Sir,

please clarify the issue whether vat applicable or not on sale of new car after using it for ther period of 5 year we sell it to other person.

thanks & regards

Pratibha

19 May 2015 It depends on the state u r from... in rajsthan yes it is applicable


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