Cerdit of vat in capital


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Querist : Anonymous

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Querist : Anonymous (Querist)
16 June 2012 dear all i would like to know about vat input on capital purchase, as we have bought 2 truck from tata of Rs. 838020 + vat 104752 total 942773 but at the time of payment we have paid 902773 after 40000 discount now one problem is coming is that, how will i book the bill,either i book the bill from 942773 or 902773

please tell me.. this is very urgent....

B R Ramesh (Expert)
16 June 2012 Hi

you have to book it for Rs902773


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