Input credit
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
10 May 2013
we have purchased some inter state purchase without C form and seller charged 14.5% Vat .
Now i want to asking that we can take the input credit of this Vat .
please help me
Now i want to asking that we can take the input credit of this Vat .
please help me
CA Vikas Acharya
(Expert)
10 May 2013
no, input vat credit can be taken only if purchased from same state.
In this case of inter purchase, vat will form part of your cost of purchases
In this case of inter purchase, vat will form part of your cost of purchases
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