Tax on vehicle purchased in court auction
vinod bansal
(Querist) 26 November 2010
This query is : Resolved
R/Members
Kindly tell me is there any sales tax or road tax is chargeable on a vehicle sold by court auctioner over the highest bid amount.Thanks in advance.
adv. rajeev ( rajoo )
(Expert) 27 November 2010
No it is not necessary to pay if the regd., vehicle is seized, If it is new then you will have to pay the toad tax
Raj Kumar Makkad
(Expert) 27 November 2010
No. Sales tax and road tax both are charged for life at the time when vehicles is sold at first point to the customer by registering agency and the seller agency.