VATupdate

Share this post on

If an organization buys a car, is it entitled to VAT?

At the same place, the tax authority may object to the fact that the purchased vehicle is used for VAT transactions. However, when concluding a contract for the purchase of a car, it is considered that the purchase of a car and placing it on the balance sheet of a legal entity implies its use in business or other income-generating activities .

Source: soliq.uz

Sponsors:

VAT news

Advertisements:

  • VATupdate.com
  • AXWAY - VATupdate Banner