input credit
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
08 March 2010
Dear all,
we are running hotel, registerd in Karnataka VAT, we are collecting VAT 12.5% from customers. can we avail input credit for all like direct and indirect Exp. please give me reply
we are running hotel, registerd in Karnataka VAT, we are collecting VAT 12.5% from customers. can we avail input credit for all like direct and indirect Exp. please give me reply
K Bala Kishan
(Expert)
09 March 2010
Dear Anonymous,
As you are into Hotel Business in KVAT jurisdiction and collecting VAT 12.5% from customers. Here you cannot claim / avail VAT input Tax Credit for the purchases made.
Regards
Balu
As you are into Hotel Business in KVAT jurisdiction and collecting VAT 12.5% from customers. Here you cannot claim / avail VAT input Tax Credit for the purchases made.
Regards
Balu
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