Sale of used car
This query is : Resolved
CA J.Alamelu lakshmi
(Querist)
09 October 2009
Is there any liability under the TNVAT Act on the sale of its used car by a Medical shop? The dealer has not claimed any input tax on the purchase of the same.
CA. B.SRINIVASULU
(Expert)
09 October 2009
If you can prove that you have not claimed input vat on the same you need not pay tnvat at the time of sale of car.
CA Suresh Choudhary
(Expert)
10 October 2009
Agree with expert
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