input credit
This query is : Resolved
10 September 2008
My Company Registration For delhi Vat in September 20. But it Issued a bill in august with Vat & He also Purchase In july & August with Vat Input
Can Company Claim For Input Vat Taken In july & august &
In Vat return it not taken Input & Out put vat Before Registration
What is the Time limit for input taken Before Registration is it 30 or 60Days
Can Company Claim For Input Vat Taken In july & august &
In Vat return it not taken Input & Out put vat Before Registration
What is the Time limit for input taken Before Registration is it 30 or 60Days
15 September 2008
In Assam, it is very clear that ITC can be availed only on Tax Invoices and tax invoices can be issued only to registered dealers. Accordingly, taxes paid by you before the date of registration is not availabe.
I hope there must be some similar provisions in Delhi VAT.
However, there may be a good scope of tax planning. Pl. see the following points:-
1. Date of liability of registration.
2. Date from which sales are liable for VAT in your case.
I hope there must be some similar provisions in Delhi VAT.
However, there may be a good scope of tax planning. Pl. see the following points:-
1. Date of liability of registration.
2. Date from which sales are liable for VAT in your case.
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
- Tax Audit Applicability – Newly Formed Partnership Firm with Profit Below 6%/8%
- Unregistered suppliers utility
- Difference between Date of Payment and Date of Deduction?
- ITDS U/S.194T of Firm
- GST Rate for Catering Services
- Journal entry of busniess expenses
- Cash balance limit and property purchases limit
- Non-Compliance documents have not been submitted by the contractors debited
- EXPORT COMMERCIAL INVOICE HSN CODE
- Bank details not Visible on Traces Portal
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
- LLP audit under companies act
- Experienced CA recommendation from Kolkata for FNO return filing
- Interest Reporting in Form 168
- Sales of goods of amount Rs77 lakhs to a party
- Tax Demand of ₹4,650 for AY 2026-27
- Concept of Vendor and customner reconciliation
- Mistake in e-invoice identified after 24 hours
- EXPORT PAYMENT
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
