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VAT on Purchase of car on exchange offer

(Querist) 17 March 2010 This query is : Resolved 
Dear Sir/madam
I have purchase a car in my firm by exchange offer from a company and i received a tax invoice from company. my question is that whether i also make a invoice to the comapny for the sale of my old car and is there any tax liability arise from this transaction.

thank & rgards
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Raj Kumar Makkad (Expert) 17 March 2010
No. It is not required in the given case.
Kumar Thadhani (Expert) 17 March 2010
It is not necessary and no question of tax liablity arises.

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