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(Querist)
22 September 2015 I have been supplied certain Raw Materials & Service from one of my supplier. He is covered under Composition Scheme under MVAT, hence charged me discounted rate of 8% on materials.

Can I avail MVAT on such VAT amount?
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CA Dileep Surya Kumar

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CA Dileep Surya Kumar (Expert)
22 September 2015 you can not avail input credit if you purchase goods from supplier who opts composition scheme.
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ABHISHEK MODI

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ABHISHEK MODI (Querist)
26 September 2015 Thanks for your precious comments Sir. Request, if you can quote relevant section/Rule reference as well.



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ABHISHEK MODI

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ABHISHEK MODI (Querist)
26 September 2015 Thanks for your precious comments Sir. Request, if you can quote relevant section/Rule reference as well.

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