Vat on sale of motor car

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Querist : Anonymous

Querist : Anonymous (Querist)

02 August 2011 Hi, All
Please advice if it is necessary to Pay Vat on sale of Motor car?

Amol Gopal Kabra (CA,CS,DISA)

Amol Gopal Kabra (CA,CS,DISA) (Expert)
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02 August 2011 Yes. VAT has to be paid on sale of motor car also.

Querist : Anonymous

Querist : Anonymous (Querist)

03 August 2011 Please advice under which provision, as per my knowledge special traction (deemed sale) for Vat i.e 1) work contract 2) leased 3) hire purchase
And sale of motor is assets and not goods than how ca we pay vat as there is no value addition?

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