% of VAT

This query is : Resolved 

29 December 2009 An used Dozer is sold
what is the applicable VAT rate either 4% or 12.5%?
Is there is any difference in rate
if
a)TIN provided
b)TIN not provided

c)in sale invoice description mentioned is Dozer itself
d) in sale invoice description mentioned is condemned and scrap equipments?

please clarify.
thank U

29 December 2009 For VAT Rate Please check the VAT Schdule.

if your particular item name appearing in 4% VAT Rate then 4% applicable if not then 12.50%.



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