Service tax for old car sales by a authorised dealer

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..... Service tax for old car sales by a authorised dealer
Query (Issue) Started By: - vasudevan sathiyanarayanan Dated:- 27-2-2013 Last Reply Date:- 27-2-2013 Service Tax
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Service Tax< .....

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..... br>As a authorised dealer, we are buying and selling used cars business and accounting the same under trading The service tax department says that it will attract service tax since the said vehicles a .....

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..... re not transferring in our name before selling to the ultimate customer as per RTO rules . The State Govt. charges the VAT for the differences between purchases and sales. Let me know whether service .....

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..... tax is applicable on this transaction. Thanking you in advance. V.Sathiyanarayanan Reply By Ramanujam Varadarajan: The Reply: In any case Trading activity (i.e. the activity of purchase and sale) .....

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..... is coming under Negative list under Service tax and thus not liable to service tax. The transfer or non-transfer of car as per RTO provisions has no relevance for the purpose of applicability of VAT .....

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..... or non-applicability of service tax on a sale.
Discussion Forum - Knowledge Sharing .....

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