TMI Blogold car dealer eligibilty for composition dealerX X X X Extracts X X X X X X X X Extracts X X X X ..... old car dealer eligibilty for composition dealer X X X X Extracts X X X X X X X X Extracts X X X X ..... r>Person dealing in old cars , can he opt for composition dealer and pay 1%, or normal dealer and with 18% on margin.Pls guide. Reply By DR.MARIAPPAN GOVINDARAJAN: The Reply: In my view it can be do ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... so if the turnover is within the threshold limit. Reply By KASTURI SETHI: The Reply: I support the views of Dr.Govindarajan, Sir. Reply By Ganeshan Kalyani: The Reply: Sale of old car for regular ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... dealer will be offered for tax @12% or 18% depend upon the type of car on the differential value of sale price less depreciated value of that car as per income tax. X X X X Extracts X X X X X X X X Extracts X X X X ..... haring ..... X X X X Extracts X X X X X X X X Extracts X X X X
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