Issue of reversal of Input Tax Credit on Iron and Steel Goods

Rajeev 9814214503 , Last updated: 30 September 2014  
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Issue of reversal of Input Tax Credit on Iron and Steel Goods lying in the stock under the provisions of Punjab Value Added Tax Act, 2005 Question is: Whether in terms of Rule 21(8) reversal on the stock at the rate of 2.20% i.e. (4.95 minus 2.75) of the available Inputtax crediton suc

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Rajeev 9814214503
(ca)
Category VAT   Report

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