VAT on Sale of Car

VAT is chargeable on the amount realised from the sale of second hand car @ 4% from 1.4.2007 under the Karnataka Value added tax act, 2003. Prior to that the rate of tax was 12.5%. Second hand car is goods as per defination of goods u/s 2(15) of KVAT Act, 2003 hence attracts VAT on the same.

IN THe sale of motor car by company vat is not applicable because the company have sold it asset...

KVAT Rate on Used Car. any clarification circular tell me. we observed the one circular No:355/07-08
30-04-200812.5% U/S 4(1)(b) of KVAT Act, 2003 applicalbe please tell me some more details for above circular and any new circular tell me . finally what rate is applicale for used car sold by company /Proprietor  ..