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
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