Vat on sale of two wheelers

Dear Members,

We are planning to sell company two wheelers to our employees on Depriciation value with in the state of Andhra Pradesh. 

For this VAT is applicable or not.............?

If Yes.... what is %.......?

Regards,

 

Raj Kumar.

Replies (1)

  VAT is applicable at reduced rates(5%) for used vechiles,including two wheelers....mjk

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