Under normal circumstances a participant of this program is allowed tax exemption for a car on a one time basis.When can I sell the car, which has been given all the tax exemptions?
Cars that have been exempted from taxes and duties under this program can be sold or its ownership transferred provided the prevailing taxes and duties on the car have been paid prior to the transaction. However, for imported cars the condition stipulated in the AP should be complied before any sale or transfer can be permitted.
Related Questions
- Under normal circumstances a participant of this program is allowed tax exemption for a car on a one time basis.When can I sell the car, which has been given all the tax exemptions?
- Can the program be completed in the normal time, i.e. four years for an undergraduate degree or two years for a Master s Degree?
- Does a participant who buys a second-hand local car eligible for tax exemptions?
