Query on sales tax

Nitin Singhal (Gaining knowledge...) (320 Points)

30 May 2010  

Hello Freinds,


I have a purchased a car in my own name and brought that car into my business(proprietoship) and claiming all expenses relating to car as expense in INCOME TAX. Now I want to sell that car. The QUESTION is whether sales tax would be leviable on this or not as selling cars is not my business. Also I had not claimed input credit on this car in my business.