Applicability of rate of tax on the sale of demo cars - Benefit ...
Demo Cars Not Exempt from Tax: Classified as New, Not Used, Under Current Tax Notification for Used Vehicles.
April 1, 2015
Case Laws VAT and Sales Tax HC
Applicability of rate of tax on the sale of demo cars - Benefit of exemption - By mere use of the new car purchased from the manufacturer for the purpose of demonstration, the said car cannot be treated as a used car so as to attract the benefit under the notification. - HC
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