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Thread: Need advice regarding new corolla gli and gli auto booking

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    Senior PakWheeler Follow
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    Default 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

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    Anyone plz?


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    Default

    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

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    Thank u rocky singh


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    Oops sorry bro rocky sheikh


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