Vat rate on sale of used car to an individual in karnataka
This query is : Resolved
12 June 2013
I would like to know the rate of VAT applicable for the sale of used car to an individual. In case if any concession is there and charged excess rate is it possible to get refund of excess paid tax from the authorities.
Nadarajan
Nadarajan
12 June 2013
It is 5.5% KVAT for used cars sold to all.
Kindly check the rate with your assessing authorities also.
Kindly check the rate with your assessing authorities also.
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