VAT on sale of used cars in Karnataka

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M.K. VENKATESH (Querist)
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13 March 2010 1) what is the rate of VAT on second hand cars sold

2) VAT should be charged on entire sale value of used car or on the difference between taxable value of sale and purchase amount of such car.

ALSO CAN YOU CLARIFY

As per notification FD182CSL2008(V) BANGALORE DTD.31.7.08 the VAT should be 4% on difference amount of sale and purchase of used car. Is there is any change in that, if so can it is possible to provide reference no. of clarification/ notififcation issued by Commercial TAx Dept, Karnataka

M.K. VENKATESH

M.K. VENKATESH

M.K. VENKATESH (Querist)
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15 March 2010 DEAR EXPERS

THE ABOVE QUERY IS VERY URGENT.

CAN SOMEBODY HELP ME IMMEDIATELY BY GIVING QUICK RESPONSE

M.K. VENKATESH

M.K. VENKATESH (Querist)
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20 March 2010 HELLO

I GOT MY QUERY CLARIFIED FROM OTHER SOURCES. HENCE CLOSE THIS QUERY

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