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This query is : Resolved
SIJU VARGHESE
(Querist)
25 June 2010
Sir,
A local and export sale dealer exported goods as trade sample. Whether he can claim input tax credit on his all purchases or in proportionate? And also is it required to show such sale in VAT Return? If yes, how?
Please reply
A local and export sale dealer exported goods as trade sample. Whether he can claim input tax credit on his all purchases or in proportionate? And also is it required to show such sale in VAT Return? If yes, how?
Please reply
25 June 2010
No, you cannot claim Input Tax credit benefit on export of trade sample, specifically if you are getting exemption from Tax payment on that.
While E-filling under VAT Act,( Refer your Respective State)You'll get an option there.
While E-filling under VAT Act,( Refer your Respective State)You'll get an option there.
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