Credit of vat on buying of stationery to a trading

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Querist : Anonymous

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Querist : Anonymous (Querist)
01 September 2011 when one trading company buy some stationery it's pay amount of bill which includes VAT, means company paid VAT
and when it sales goods, collect VAT

can company claim credit for VAT which is paid on purchase of stationery.

01 September 2011 stationary input credit is available when the dealer is trading in stationary goods, otherwise input credit is not available.


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