Manufacturing

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Querist : Anonymous

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Querist : Anonymous (Querist)
11 September 2014 IS VAT LEVY ON MANUFACTURING OF GOODS
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CS,CA F,Numrologi TusharSampat

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CS,CA F,Numrologi TusharSampat (Expert)
11 September 2014 the ans is no as its on sale of goods.........
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Querist : Anonymous

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Querist : Anonymous (Querist)
11 September 2014 X LTD DOING MANUFACTURING BUSINESS AND PRODUCE PRODUCT A . TOTAL COST OF PRODUCT A IS RS. 400 AND X LTD SALES IT AT RS.500 . THEN VAT LIVED ON THAT SALES ?
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CS,CA F,Numrologi TusharSampat

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CS,CA F,Numrologi TusharSampat (Expert)
11 September 2014 yes on sales vat is applicable...................
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Querist : Anonymous

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Querist : Anonymous (Querist)
11 September 2014 BUT , SIR TO THE EXTENT OF RS. 400 IS MANUFACTURING COST THEN Y VAT
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CS,CA F,Numrologi TusharSampat

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CS,CA F,Numrologi TusharSampat (Expert)
11 September 2014 vat uses the word sales................and input tax creidt will be allowed for excise duty paid
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