What is the VAT rate on the invoices for commercial vehicles to be issued by companies that do not sell vehicles? (In Turkey)
In 2015, the commercial vehicle registered with the expense note will be sold (our customer’s business is not a vehicle purchase or sale). The sale price of the van is TRY 16,250. What is the VAT rate that we need to calculate with added percentage method?
18% VAT will be calculated over the sales price.
Source: İSMMMO
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