How to pass an entry for purchase of a car
This query is : Resolved
19 May 2016
sir
when passing an entry for the purchase of a car, should i pass only the basic value of a car or
should i include the VAT.
please solve
vijay
when passing an entry for the purchase of a car, should i pass only the basic value of a car or
should i include the VAT.
please solve
vijay
19 May 2016
VAT should be included.
Message likes :
1 times
19 May 2016
vat credit on motor vehicle is not allowable. so it should be capiltalised
Message likes :
1 times
20 May 2016
you have to book car with vat amd also capitalized accessories, registration charges of car.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Current Account Opening for Sole Proprietorship with Udyam Certificate - Zero Turnover
- INTEREST APPLICABLE ON ITC REVERSAL PORTION
- TDS on Purchase of Immovable Property by NRI from NRI
- Capital gain from sale of house property
- Copyright software
- Value of property in capital gain
- When TDS on GST applied
- Annual return in Gst
- FORM 26A APPLICABILITY
- Before GSTAT- APL-02 Vs APL-04
- Opting our of sec 44AD
- GST Treatment of Insurance Commission for Existing GST Holder
- Cash gift by grand mother to her grand daughter
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
- No Compliences after incorporation
- USEFUL LIFE OF USED/SECOND HAND COMMERCIAL VEHICLES
- Claiming TDS deducted by builder on Hardship compensation and Corpus
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
