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Sale of used commercial vehciels

VAT and Sales Tax - Started By: - Vasim Patel - Dated:- 15-3-2016 Last Replied Date:- 24-3-2016 - I am a dealer in used commercial vehicle, My query is, is there any VAT applicable for sale of used commercial vehicles and if yes then what percentage .....

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name and sells it or he does not transfer the vehicle in his name and sells it - Reply By Ganeshan Kalyani - The Reply = VAT is applicable on selling price and not on the difference between selling price and purchase price. VAT@12.5% is applicable on .....

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