Need advice regarding new corolla gli and gli auto booking
Dear all , i am in karachi at the moment and will be going to canada for 1.5 months , i have money lying in bank so i was thinking to book 1 car gli or gli auto , i was thinking when it will finally arrive in 2 months or so i will earn some amount by selling it.
please answer my questions
1) do i need to pay full or pay 5lac , if 5 lac when will i have to pay the full amount
2) i didnt file tax this year , so how much wht will i have to pay i guess its 25 for filer and 30 for non?
3) if i sell the car will the new buyer have to pay this tax too ? for example if i sell the a gli on 1.5 lac premium will i actually get 120 if he is a non filer too? i am really sorry this is simple but i can not understand
4) please suggest if this is a good idea
thank u for ur time and awaiting informative responses
Withholding tax is 30 for filers and 40 for non filers, most probably u'll have to pay 40 as u didn't file ur return
U'll have to adjust the tax from ur earnings of premium I.e. If u get 1.5 lakh premium u'll in fact be getting 110 even if the buyer is filer
Yes u can book on partial payment as u'll be back in 2 months and then u can pay the rest
For complete info it is better to contact a toyota dealership directly