Input VAT Credit
Querist : Anonymous
An assessee is dealing in one commodity which is Non taxable say by Tariff / Schedule under GVAT Act. What will be effect of VAT paid on goods?
Would it have any other impact , if ouput is non taxable by Notification?
Pls. guide on these issues.
In case the relevent notification has been withdrwan in future Input for the futher period you can take, the same applicable for exemption withdrwan by tariff
Querist : Anonymous
Click here to login now
Similar Resolved Queries
- Income tax return change regime form necessary or not?
- Machinery taking back from repair work shop
- EXEMPTION OF LONG TERM GAIN UNDER SECTION 54F
- Refund of Rs.4,00,000/- pursuant to Appeal Order – Deceased Proprietor & Closed Bank Account
- Issuance of authorised capital by pvt ltd co
- Composite medical service contract
- REGARDING TURNOVER LIMIT
- RCM PAYMENT OF APRIL 2025 NOT PAID IN YEAR AND NOW PAYING IN OCTOBER 2026 RETURN
- Refund credit after 143 (1) intimation
- Medical facility
- Resignation of auditor and appointment and cfss
- 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
- NRI ITR2 account in 2025-26.
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
