SALE OF PRE USED MOTOR CAR

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....ALE OF PRE USED MOTOR CAR<br> Query (Issue) Started By: - vishal sharma Dated:- 14-9-2011 Last Reply Date:- 13-10-2012 VAT + CST<br>Got 1 Reply<br>VAT / Sales Tax<br>MY CLIENT IS A REGISTERD DEALER U....

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....NDER 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 DEDUCTION OF 50% UNDER RULE 26K TO ARR....

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....IVE 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 THAT HE IS NOT A DEALER OF PRE USED ....

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....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 this case since the person selling the used ....

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....car is a dealer.<br> Discussion Forum - Knowledge Sharing ....