Vat rate for used Car

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Sir,

While selling the used car what is the VAT Rate (Tamil Nadu).  We are not a car dealer. The car is in the name of the Company and used for the offical purpose.  Now we want to sell the car.  What is the TNVAT rate for used car.

Replies (6)

 

Used Cars / Motor vehicles on value addition without

Input tax credit    COMMODITY CODE 822  .SS(1) OF SEC 30 OF TNVAT ACT 2006 tax payable for used car is 4%

 

Sir

i want know that i am not car dealer &  according to Rajasthan VAT Any VAT tax payble on sale of my used car thats is on my personal name .

Please help me soon i have demand from ST

Sir,

I want to know, whether Car dealer (Maharashtra), availed input VAT credit. As Car is delivered to him by manufacturer directly???

 

Please Reply asap.

dear sir good morning 

i have an enquary about sale of car

sir my boss has sale a car which he was using on behalf of company, now i just want to confirm that we have to pay vat on it or not 

I thnking you have paid vat on cost of sold. please confirm its showed in assets side on balance sheet or not.  if yes then you have to be paid vat. if its is not record in compnay , i think not vat amount on sold car.

 

Ours is a company not registered with TNVAT, since we are not dealing any commodity dealing. Now we are selling used car. Kindly inform whether we have to pay TNVAT. If we have to pay, how the return has to be filed.


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