SALE OF PRE USED MOTOR CAR

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..... MY CLIENT IS A REGISTERD DEALER UNDER WEST BENGAL VAT. IT WANTS TO SELL ONE CAR WHICH HAS BEEN USED FOR SOME TIME. WEST BENGAL VAT PRESCRIBES 4% VAT ON SALE OF PRE USED CAR. FURTHER IT GIVES A DED .....

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..... UCTION OF 50% UNDER RULE 26K TO ARRIVE AT TAXABLE TURNOVER WHICH WILL BE CHARGEABE TO VAT. CAN ANYONE SUGGEST (1) WHETHER MY CLIENT WILL BE ENTITLED TO DEDUCTION UNDER RULE 26K CONSIDERING THE FACT .....

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..... THAT HE IS NOT A DEALER OF PRE USED MOTOR CAR. (2) WHAT WOULD BE VAT RATE CHARGED IN INVOICE/BILL. THANKS VISHAL SHARMA - Reply By CA. Surender Gupta - The Reply = Indeed VAT is applicable in t .....

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..... his case since the person selling the used car is a dealer. - SALE OF PRE USED MOTOR CAR - Query Started By: - vishal sharma Dated:- 14-9-2011 Value Added Tax - VAT-CST - Got 1 Reply - VAT and Sal .....

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..... es Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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