Sales tax on sale of used car in tamilnadu
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
07 March 2014
A Company has sold a used car in Chennai. The company is not in the business of selling cars.
My questions are
1. Is Sales Tax attracted on the sale of car
2. If Yes, what is the rate & on what value must the rate be applied.
3. Is there any seperate registration required for the company??
Kindly give me your valuable views on the same.
Regards
Swaminath.V
My questions are
1. Is Sales Tax attracted on the sale of car
2. If Yes, what is the rate & on what value must the rate be applied.
3. Is there any seperate registration required for the company??
Kindly give me your valuable views on the same.
Regards
Swaminath.V
07 March 2014
5% on sale of used cars if did not take any ITC. In this regard, Pl refer G.O.No.II/1/CTR/12 (R-25)/ 2011 dt.11/07/2011
Message likes :
1 times
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
- Is this income indian or foreign income?
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- ITC temporary reversal and reclaim
- GST on export of services and Input Credit
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- TDS U/S. 194NF
- Applicable TDS rate for sale of property in Nov 2024
- GST ON EXPORT COMMISSION
- Should I report my US salary for January, February, March in Schedule FA?
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
- Regarding einvoice taken on nil rated sales
- Strategical investment in Public listed company
Trending Online Classes
CAclubindia
