If my employer in Delhi sells me a used car what is the rate of VAP applicable and the base of application?

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If my employer in Delhi sells me a used car what is the rate of VAP applicable and the base of application?

My employer is a company and is a registered dealer in Delhi

2006-08-31 18:01:08 · 1 answers · asked by pgupta_1972 1 in Business & Finance ➔ Taxes ➔ India

1 answers

Probably your question is applicability of VAT to purchase of used car.
As far as my knowledge goes.. there is no VAT applicable for used cars. Its only on new goods purchases.

2006-09-01 01:43:22 · answer #1 · answered by PK LAMBA 6 · 0⤊ 0⤋