One of my client is a registered dealer, engaged in Computer sales and services. As part of sales promotion, he is giving some products like pendrive, headphone, computer table etc. as gifts by billing a negligible amount (like Rs. 0.90) for the same along with the main product. Whether he is eligible for the input tax credt for that items?
Kindly give answers asap.
Suppose a dealer 'A' sells goods to an Exporter 'E' against From E. In the instant case, will 'A' be entitled to claim ITC on his Purchases??
Dear All
At what rate and value VAT shall be charged on printing job work if paper is supplied by the client.
Thanks
What is the time limit for carrying forward input tax credit as per any state VAT Act?
VERY URGENT - PLEASE PROVIDE THE PROVISIONS..
Hi, All
Please advice if it is necessary to Pay Vat on sale of Motor car?
Whther sale of newpaper is regarded as business in according to MVAT 2002?
WHILE PREPARING VALUATION OF CLOSING STOCK OF MANUFACTURING CONCERN..WE TAKE EXCISE DUTY AS PART OF COST...WHY WE DON'T INCLUDE VAT AS PART OF COST....SAME CASE IS HAPPENED WITH CENTRAL SALES TAX...WE TAKE IT AS PART OF COST...VAT????
Sir
Can you tell me who is responsible for payment of VAT when the goods are received by the consignment agent form another state and whether consignment agent is require to make bill in his name in consignment agent business.
Please explain
Thanks and Regards
Pravin Sharma
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
Input tax credit