i purchased new car A STAR on 26/12/12 from M/s Varun Motors,visakhapatnam.AP,dealer for Maruti suzuli under old car exchange offer by dealer.I paid him advance amount 5,25,298/(including cost of old car) as detailed below —–A
Date Amount Reference
———- ————— ———————————–
21/12/12 5,000 cheque
21/12/12 1,00,000 cheque
28/12/12 3,00,000 cheque
28/12/12 13,778 cash
21/12/12 1,05,000 old car exchange cost
21/12/12 1,520 Refund of proportionate amount for old car insurance
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TOTAL 5,25,298 ——————-A
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NEW CAR COST DETAILS
DATE ITEM COST REFERENCE
————- ——————————— ————- ——————————————————
26/12/12 car 3,89,357 As per invoice
26/12/12 VAT 56,456 As per invoice
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Total 4,45,814
LESS 1)corporate offer discount 2,000
2)Special discount offer by dealer 30,000
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4,13,814
Life tax 53,500
Insurance 8,180
Registration 2,500
Logistic charges 3,500
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TOTAL 4,81,494 ————– B
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AMOUNT REFUNDABLE A-B = 5,25,298-4,81494 = 43,804/