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Sale of used car

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(Querist)
09 October 2009 Is there any liability under the TNVAT Act on the sale of its used car by a Medical shop? The dealer has not claimed any input tax on the purchase of the same.
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CA. B.SRINIVASULU

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CA. B.SRINIVASULU (Expert)
09 October 2009 If you can prove that you have not claimed input vat on the same you need not pay tnvat at the time of sale of car.
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CA Suresh Choudhary

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CA Suresh Choudhary (Expert)
10 October 2009 Agree with expert
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