The value of car includin VAT …

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Yogita Ingle 6 years, 2 months ago
Selling Price = Rs.382500
Original Price = Rs.340000
VAT Amount = 382500- 340000
= Rs.42500
VAT % = (VAT Amount/Original Price) × 100
= (42500/340000) × 100
= 12.5%
So, Rate of VAT on Car is 12.5%
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