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Sale tax on vehicle sold on loss

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(Querist)
27 September 2016 Is sale Tax is applicable on sale of vehicle on loss?
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
27 September 2016 Sale tax is applicable on sale value, irrespective of your sale is on profit or loss.
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sanjeev kumar goel

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sanjeev kumar goel (Expert)
28 September 2016 yes as sales tax is applicable on sale consideration.
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REENA

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REENA (Querist)
28 September 2016 Please let me know, what is tax rate and on which value it will be applicable?

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