SALE OF PREUSED MOTOR CAR

This query is : Resolved

CA. Jyoti Baid (Querist)
Follow

19 May 2010 Respected All,

A company has sold pre-used motor car to an individual within the same state.

As per Schedule C Part I Serial No. 55C of West Bengal VAT Act, sale of preused motorcar is taxable at 4%.

The company and the individual both are not registered dealers in VAT.

How will the company make payment of VAT? Will it collect from the purchaser or pay on its own.
What are the forms and challans to be filled?
What is the rate of vat, i.e. is same exemption or deduction in the rate of 4% available?
Please help.

Thanks & regards,
Jyoti

CA. Jyoti Baid

CA. Jyoti Baid (Querist)
Follow

04 August 2010 My query is resolved

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Summarize this with AI

ChatGPT Perplexity Claude Google AI Grok

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

Meet our CAclubindia PRO Members

Avisha Sinha

NISHANT SIPANI

shanmukha sai

Rohit Sachdeva

Angadi & Co

Subscribe Now

SALE OF PREUSED MOTOR CAR

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

CA Final

GST CONSULTANT

Accountant

GST CONSULTANCY

Article Assistant

Manager- Finance and Compliance