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Purchase of company leased car, VAT + CST

Issue Id: - 109202
Dated: 23-9-2015
By:- Sriram Moorthy

Purchase of company leased car


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what is the rate of VAT applicable for purchase of company leased car in Karnataka. The car under consideration is less than 1 year old (Jan 2015). The company under consideration is in the IT space and not in the automobile business

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