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Sale of used commercial vehciels

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..... 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 of VAT is applicable in the state of Maharashtra .....

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..... . And whether the VAT is applicable on the sale price of the vehicle or the difference between the sale and purchase price. I also want to know if the VAT is applicable if he transfer the vehicle in .....

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..... his 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 sel .....

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..... ling price and purchase price. VAT@12.5% is applicable on sale of Car in the State of Maharashtra as per MVAT Act Schedule entry. - Reply By Ganeshan Kalyani - The Reply = Hope your issue is resolv .....

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..... ed Sir. Thanks. - Reply By Rasheed Sampagaon - The Reply = Please clarify about applicability to Cement dealer of Karnataka who sold used vehicle and applicability of Tax rate if he is not availe .....

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..... d VAT credit at the time of Purchase. - Sale of used commercial vehciels - Query Started By: - Vasim Patel Dated:- 15-3-2016 Value Added Tax - VAT-CST - Got 3 Replies - VAT and Sales Tax - Discuss .....

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..... ion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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