Audit
This query is : Resolved
02 July 2013
I am doing audit for manufacturing company in Tamil Nadu. It manufactures bearings for industries.
Can it claim VAT input credit on Printing & Stationery , Staff Welfare which is charged in the bill against domestic sales? OR
It should treated as expenses ?
Can it claim VAT input credit on Printing & Stationery , Staff Welfare which is charged in the bill against domestic sales? OR
It should treated as expenses ?
29 July 2013
VAT charges on printing & stationery and staff welfare expenses cannot take input credit,need to treat as expenses
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