application of vat


This query is : Resolved 

(Querist)
19 April 2008 if purchase is made from urd we can carry forward that amount to next year for sett off

19 April 2008 i don't get u're question clearly can u expalin in different manner

sunil (Expert)
19 April 2008 A URD DEALER CANNOT CHARGE VAT,SO QUESTION OF SET OFF DOES NOT ARISE.


Dayal (Expert)
20 April 2008 URD purchase is not eligible for VAT set off.

Reason a URD cannot charge and collect VAT.

Should you need further clarification in the matter write back on associatedm@gmail.com or dayalkundani@gmail.com


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