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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1 Year PLAN

1999

(Excl. of GST ₹359)

BEST VALUE

2 Years PLAN

3499

(Excl. of GST ₹629)

3 Months PLAN

999

(Excl. of GST ₹179)

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About the Author

Rajeev 9814214503

Profile CA. Rajeev K. Sharma: CA. Rajeev K. Sharma has more than 16years of post-qualification experience in Indirect Taxation to his credit. In 1994, he became Graduate in Commerce from Panjab University, Chandigarh. In the year 1999, he qualified as Chartered Accountant. In the year 2004 he qualified as I ... Read more

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