Input tax credit against purchase of material from 100% eou
This query is : Resolved
21 November 2013
Dear sir
We are purchasing local manufactured prducts from 100% eou , supplier has raised excisable invoice and they are collecting excise duty. Kindly advice how can calculate in put credit and whether we can avail 100% duty as input credit
We are purchasing local manufactured prducts from 100% eou , supplier has raised excisable invoice and they are collecting excise duty. Kindly advice how can calculate in put credit and whether we can avail 100% duty as input credit
22 November 2013
U Can avail i00% input tax credit just like purchase from any other domestic party
Thanks
Thanks
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