Fixed assets input vat set off
This query is : Resolved
26 September 2014
Dear All,
Our company has purchase computer on 1 of July 14, with 5 % vat.
How much setoff can be taken on input tax amount paid by our company.
And please provide details infomation on input set off for Vat 5 % and 12.5 % and cst 2% and also on all fixed assets purchased
Waiting for your valuable reply...
Regards,
Irfan Momin
Our company has purchase computer on 1 of July 14, with 5 % vat.
How much setoff can be taken on input tax amount paid by our company.
And please provide details infomation on input set off for Vat 5 % and 12.5 % and cst 2% and also on all fixed assets purchased
Waiting for your valuable reply...
Regards,
Irfan Momin
27 September 2014
generally set off is not available on computer purchases.
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