availability of set off
This query is : Resolved
31 August 2007
A trader started business on 01.10.2006. He got voluntarily regisatered on 15.11.2006 (by paying Rs.5,000). Till 15.11.2006 he made purchases worth Rs.3,00,000/-, but no sales.
Now, after getting registered, when he sales these goods purchased upto 15.11.2006, whether he will get set off on purchases ?
Now, after getting registered, when he sales these goods purchased upto 15.11.2006, whether he will get set off on purchases ?
03 September 2007
Go for transitional provision regarding applicable state's sales tax ACt.
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