On sale of company car(new) vat applicable or not
This query is : Resolved
Querist : Anonymous
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
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
CA AnKiT BoHrA (AB)
(Expert)
19 May 2015
It depends on the state u r from... in rajsthan yes it is applicable
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