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.
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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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