Mandatory vechile charge with ROC
This query is : Resolved
Pardeep Kumar
(Querist)
25 August 2023
I have taken loan of Rs. 20 lac from Toyota finance and purchased vechile in March 2023. But till date forget to create charge with ROC
1. The time limit of 120 days already crossed.
2. Is it mandatory to create charge with ROC.
Pls advice how I can create charge now.
Rajesh gupta
1. The time limit of 120 days already crossed.
2. Is it mandatory to create charge with ROC.
Pls advice how I can create charge now.
Rajesh gupta
CA R SEETHARAMAN
(Expert)
26 August 2023
Registration of charges of a motor vehicle is not mandatory, unless required by the lender.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Clarification on GST, TDS, and Accounting Provisions for Import/Export Commission Agents,profes. ser
- Ito add credit side of bank
- Employee secondment
- GSTR9 Annual Return
- Clarification on GST, TDS, and Accounting Provisions for Import/Export
- Reward for festival
- Rent agreement of House of deceased person
- Form 144 TDS Return Validation error
- Capital gain on commercial property and investment in residential property
- Import of Capital Machine
- TDS Return Statement Status
- ARCA LOGIN
- Appointment of Auditor By Form ADT-1
- Tally: Imported bank entries do not show up in manual reconciliation
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
