Vat issue
This query is : Resolved
16 April 2014
m a car delear selling new cars puchased from chennai.... out of my car stock i hold one car for bussiness pupose and ...... for the purpose of making car RC generate a sale invoice in the same
name...wheather i need to pay vat
for the same..
Rupesh Jain
(Expert)
16 April 2014
then you sale the invoice then you have to pay sale tax as applicable as sale of used car according ( to Cubic capacity ) it is diff. -2 vat amount according to state.
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