Can we claim SAT Input Credit in case of Cement Purchase(SAT Rate is @ 3%) alongwith VAT Input Credit. If Yes, Please mention the section or link for the confirmation.if no, so how will we deal with SAT Credit.
aditya gupta (Audit Executive) (188 Points)
06 February 2013Can we claim SAT Input Credit in case of Cement Purchase(SAT Rate is @ 3%) alongwith VAT Input Credit. If Yes, Please mention the section or link for the confirmation.if no, so how will we deal with SAT Credit.
aditya gupta
(Audit Executive)
(188 Points)
Replied 07 February 2013
Special Additional Tax is a duty which imposed by State govt by its own will to generate some extra revunue on to some specific comodities. like cement, watches etc.
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