Wednesday, November 25, 2009

Soldiers ,Sailors and Airmen on duty to cheer up .No Vat on two wheelars, and light motor vehicles from CSD. Vet. Prabhjotr Singh Chhatwal PJS Retd.

Dear Soldiers, Sailors and Airmen on duty,
Regards and Cheer up. Lucknow Administration will not charge
Vat on purchase two wheelers and Light motor vehicles from you
if purchased from CSD.

Lucknow Army personnel will get exemption from Value Added
Tax
(VAT) on purchase of two-wheelers and light motor vehicles from CSD
canteens in the state, official sources said here on Wednesday.
"A notification to give
exemption to Army personnel on purchase of
vehicles from canteens was issued by the Tax and Registration
department on Tuesday," they said.

As per the notification, exemption in VAT would be limited to sale

of 3,000 motorcycles, scooters and mopeds and 1,200 four-wheelers
every year, they said adding that serving personnel of Indian Army,
other security establishments and ex-servicemen will get the benefit
of tax exemption.

This tax exemption will, however, result in Rs 7.29 crore annual

revenue loss to the state government, official sources said.
The notification also stated that Army personnel willing to avail tax

exemption will be required to get an authority letter from the
commanding officer.Besides, an officer will not be allowed to transfer
a vehicle to any person other than spouse, ward, serving or retired
armyman for a period of 10 years.

This condition will be mentioned on the registration certificate of the

vehicle. At present 12.5 per cent VAT and one per cent additional
taxis being charged on vehicles.

Veteran prabhjot Singh PLS Retd.
President,
Indian Ex-Services League, Punjab & Chandigarh.
Mob.098554-09128,0175-5000896.

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