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What tax levi on sale of trucks ??

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(Querist)
23 September 2012 I have many trucks,But in F.y. 2010-2011, I have sold all trucks. I want to ask, What tax levi on Sale of Trucks ? and what due dates for payment of any taxes ???

Please tell me
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Amol S Joglekar

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Amol S Joglekar (Expert)
23 September 2012 If you are registered under VAT then same is required to be paid, Otherwise you need to pay capital gain, if any (Normally on sale of trucks, loss occurs and not gain)
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