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Vat on old audi car sale

This query is : Resolved 

20 January 2016 Hi, Myself Ankur Garg and working in a limited company, my query is that if a company owned an Audi car and now the company wants to sell it out, so will the vat be applicable on sale price if yes then how? if the company has paid the vat on the time of Purchase, kindly advise

20 January 2016 YES , VAT IS APPLICABLE ON CAR SALE. IN KARNATAKA IT IS 5.5% BUT YOU HAVE NOT MENTIONED WHICH STATE VAT REGISTERED.

20 January 2016 Yes, taxable in Kerala also @ 0.50%.




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