input vat

This query is : Resolved 

15 May 2011 sir when at the time of purchase input vat is debited then which rule is apply on input vat.

15 May 2011 its state vat rule, which allow you to set off the vat so paid along-with purchase to set off against your vat payable on sales.

for more details either specify your state or visit the vat site of respective state.


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