Can I take full VAT Credit
This query is : Resolved
20 January 2011
we purchased item @ 12.5% & @ 5 % and sold @ 2% Against 'C' form
Can we take full VAT Credit of that purchase bill against our vat sale or Not.
Is any circular regarding this pls send .
Can we take full VAT Credit of that purchase bill against our vat sale or Not.
Is any circular regarding this pls send .
20 January 2011
Yes you will take 100% vat credit.
Message likes :
1 times
20 January 2011
or sir if same condition we transfer that material to our branch .is it applicable in this case. Sir there is any circullar in vat regarding this which i show to Vat officers if they object on this .
21 January 2011
In branch transfer out of delhi no input vat allowed under sec 10(3)
Message likes :
1 times
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Section 54F - Exemption on LTCG in 2026 for HP purchased in 2023
- STCG....................................................
- AMOUNT RECEIVED UNDER COMPULOSRY ACQUISITION OF AGRICULTURAL LAND
- Sales return eway bill
- TAN for Partnership
- GST ON DAMAGED GOODS
- AY 26-27 ITR-4 FILING U/S 44-ADA
- Plot of land. Cost of Acquisition
- LTCG for Assmt year 26-27
- Treatment of Pension ?annuity returns on PMVY
- Standard Deduction claim for EPFO Pension and ICICI Prudential Life Annuity
- Sales amount in Gstr1
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
- Nomination of Bank for refund in itr 2
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
