Sale tax on vehicle sold on loss


This query is : Resolved 

27 September 2016 Is sale Tax is applicable on sale of vehicle on loss?

27 September 2016 Sale tax is applicable on sale value, irrespective of your sale is on profit or loss.

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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