Cr of input vat credit in case of stock transfer or sales
This query is : Open
08 September 2014
Dear sir,
Case MFG in Gujarat
sales from Maharastra
Case 1
IF we go for stock transfer then whats the case of input vat credit for vat payable on final sales in maharastra
case 2
If we go for sales from guj to maharastra then we need to pay cst, but in this case also whether input vat credit is available against the output vat credit payable in sales at maharstra
Case MFG in Gujarat
sales from Maharastra
Case 1
IF we go for stock transfer then whats the case of input vat credit for vat payable on final sales in maharastra
case 2
If we go for sales from guj to maharastra then we need to pay cst, but in this case also whether input vat credit is available against the output vat credit payable in sales at maharstra
08 September 2014
In case 2 you can not claim input as you have to pay CST and vat cannot be adjusted against CST.
In case 1 also you can not claim input vat as you are not selling goods it is just stock transfer and that too outside the state.
In case 1 also you can not claim input vat as you are not selling goods it is just stock transfer and that too outside the state.
09 September 2014
cant we use form F.
I am not clear for the actual benefit we shall claim through form F in either case
can you please share some link or website where i can get to know about VAT provision in Gujarat and other states as well
I am not clear for the actual benefit we shall claim through form F in either case
can you please share some link or website where i can get to know about VAT provision in Gujarat and other states as well
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