Sale tax on vehicle sold on loss
This query is : Resolved
CA R SEETHARAMAN
(Expert)
27 September 2016
Sale tax is applicable on sale value, irrespective of your sale is on profit or loss.
Message likes :
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sanjeev kumar goel
(Expert)
28 September 2016
yes as sales tax is applicable on sale consideration.
28 September 2016
Please let me know, what is tax rate and on which value it will be applicable?
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