Second-Hand Car Valuation Must Reflect New Car Price Minus 15% VAT Exclusion. https://www.taxtmi.com/highlights?id=16521 Valuation - the value of new car which is required to be picked up for arriving at the value of second hand car on the basis of determination of formula has to be value exclusive of VAT of 15%. - AT en-us Tue, 24 Dec 2013 10:02:36 +0530 Tue, 24 Dec 2013 10:02:36 +0530 TaxTMI RSS Generator Second-Hand Car Valuation Must Reflect New Car Price Minus 15% VAT Exclusion. https://www.taxtmi.com/highlights?id=16521 Valuation - the value of new car which is required to be picked up for arriving at the value of second hand car on the basis of determination of formula has to be value exclusive of VAT of 15%. - AT Highlights Customs Tue, 24 Dec 2013 10:02:36 +0530 https://www.taxtmi.com/highlights?id=16521