I bought a new two wheeler. After that I came to know that, if you already own a vehicle, you need to pay extra tax on the second vehicle. I immediately sold my old vehicle and also transferred the ownership to the buyer.
But the agent says if the old vehicle is on my name as on the purchase date of new vehicle I need to pay 5% extra tax.
and some other agent told that as the ownership is now transfered, I need not pay any extra tax at the time of registration. Which is correct?