I want to start scarp vehicle business
ARUMUGAM PILLAI
(Querist) 02 July 2014
This query is : Resolved
Sir,
I am in Madurai,TN.I want to start a scarp vehicle business and applied to TIN Number.If We purchase scarp/condemned/accident vehicle with rc book,i have to pay to 5% of the vehicle cost to TN GOVERNMENT as sales tax.
Also that vehicle if scarped, that dismantled parts it be sold individually ,that also we have to pay 5% to 12% depending upon items.
similar that vehicle rc book can sold to party? what is the conditions and rto norms, i want know?
please help...
ajay sethi
(Expert) 02 July 2014
consult local sales tax consultant
R.K Nanda
(Expert) 02 July 2014
no more to add.
