Rate of VAT for second hand motor cars, VAT + CST

[Rangarajan D V]

Please let me know the present rate of VAT for second-hand motor cars in Delhi. The Car was bought within Delhi in 2006 and is resold now. Hence the request. Thank you Regards

Posts / Replies

[Rajkumar Iyer]

Since you are an unregistered individual you need not charge any vat on the sale of the second hand car. and if you are selling to an individual then there is not need at all to charge del vat. If it is company to whom you are selling your car then since you are an unregistered individual you cannot recover del vat from the buying customer. hence please dont charge any vat on the sale of the second hand car. rgds