Input vat credit
This query is : Resolved
11 December 2009
Now i am on the audit of a garment company.Can I take input vat credit on purchase of printing & stationary according to Maharastra vat?If there is a any provision regarding that then send me a link...
13 December 2009
Item which is neither RM nor packing material, is not iligle for input credit.
i.e. if any material is not the input for manufacturing or packing material or it is not intended for resale or branch transfer,is not eligible for input credit.
i.e. if any material is not the input for manufacturing or packing material or it is not intended for resale or branch transfer,is not eligible for input credit.
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