https://www.taxtmi.com/forum/issue?id=109927 Taxes paid on acquisition do not determine the taxability of subsequent sales; sales within the state are subject to the local VAT schedule and must be charged accordingly. Entry tax paid to the state does not automatically offset VAT on a later local sale. The validity of acquiring the vehicle against a Form C may be questionable and should be examined, but it does not alter that local VAT liability on resale is governed by state VAT law. en-us Mon, 22 Feb 2016 19:19:17 +0530 Thu, 23 Jan 2025 15:56:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=109927 Taxes paid on acquisition do not determine the taxability of subsequent sales; sales within the state are subject to the local VAT schedule and must be charged accordingly. Entry tax paid to the state does not automatically offset VAT on a later local sale. The validity of acquiring the vehicle against a Form C may be questionable and should be examined, but it does not alter that local VAT liability on resale is governed by state VAT law. Discussion-Forum Indian Laws Mon, 22 Feb 2016 19:19:17 +0530 https://www.taxtmi.com/forum/issue?id=109927