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Karnataka vat for used motor cars when sold

VAT (Legacy) 5055 views 4 replies

what is the rate of VAT for motor vehicles in Karnataka.

what is the rate of vat for second hand (Used) motor vehicles when sold in Karnataka - the rate of Vat for used vehicles in kerala state on its sale is only half per cent (0.5%). is there any similar rates of VAT applicale in Karnataka state.

Replies (4)

Hi,

 

Rate of VAT on Cars is 14%

 

On used cars, VAT rate is 5%

correct it is to be charged at 5%

Dear Sir,

Under which paragraph of Form VAT 100 do we report this turnover and tax collected and remitted to government?

Thank you,

Vinay

Vat 5% on sale value or 5% on difference of purchase and sale value


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