Can some help me in understanding the applicable VAT rate for used/second hand cards in Telangana/Andhra Pradesh. I could see that many states are taxing this at 5%, and some of my friends told that it is 5% even in Telangana/Andhra Pradesh, but not able to find out the source/notification. Can any of you please help ?
VAT rate on used cars: query requests authoritative notification confirming applicability in Telangana and Andhra Pradesh. Applicability of VAT rate to used/second hand cars in Telangana and Andhra Pradesh is queried; the submitter notes other states apply a lower VAT rate and requests the authoritative notification or provision confirming the applicable rate for used cars in those states. (AI Summary)