Entry of second sales and tax collection in form 100

Hi,

Also, under what head the epayment be made, is that under Karnataka Vat or Karnataka Sales Tax? We have not claimed any input credit. Please guide.

Thank you,

Vinay  

Hi, there is no second sale concept in karnataka VAT, sale of company's used vehicle is liable for 5% VAT

input tax on same is restricted.

accordingly include turonover of vehicle in VAT 100 under 5% column.

E-payment is under VAT

Yes, me too agree with sankar reddy. you have show it as other sales and give the P & L account for the assest sold at the time of monthly returns submission.