Applicability of vat on sale of furniture to employees

Rama Krishna (Dy.Manager Finance) (38 Points)

11 November 2011  

Dear all

I have a query on  VAT issue.

Our company will provide furniture to employees. at the time of leaving the organisation, the company will sell the furniture to the employee. here my query is,  "IS IT NECESSORY TO RAISE VAT INVOICE FOR SUCH SALE OF FURNITURE".

please help me out.

 

regards

ramakrishna