expenses for payments
This query is : Resolved
15 July 2010
how to deal with the expenses made for clients like gifts for them and can we take credit of vat on such purchases?
15 July 2010
VAT can be taken only that purchase which is related directly or indirectly with mfg of final product.
Credit of VAT on gift can't be taken .
Credit of VAT on gift can't be taken .
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