Request for clarification
This query is : Resolved
01 August 2008
Hi Dear All,
Ours is an Electronics(Micro Processor Based Trainers,etc) Manufacturing company which got registered with Karnataka Sales Tax Department as well as Central Excise Department.
We supply to the customer an Instruction Manual/User' Guide(we call it as User' Manual) along with our products to enable them work with our Product.
Our question is whether we can claim VAT Input credit(like raw materials) on the User' Manuals which we got it printed from one of our regular printers who charges us KVAT @4%. If so can you please give the corresponding notification number also.
Thanking you in advance.
Regards,
Venkat
Ours is an Electronics(Micro Processor Based Trainers,etc) Manufacturing company which got registered with Karnataka Sales Tax Department as well as Central Excise Department.
We supply to the customer an Instruction Manual/User' Guide(we call it as User' Manual) along with our products to enable them work with our Product.
Our question is whether we can claim VAT Input credit(like raw materials) on the User' Manuals which we got it printed from one of our regular printers who charges us KVAT @4%. If so can you please give the corresponding notification number also.
Thanking you in advance.
Regards,
Venkat
15 September 2008
Sir,
01. Book is exempted goods.
02. You are not selling it.
Hence, in my opinion no ITC is available on the VAT paid to printer.
01. Book is exempted goods.
02. You are not selling it.
Hence, in my opinion no ITC is available on the VAT paid to printer.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- About TDS & Income Tax
- Tax on Deemed Capital Gain
- Scrutiny and reopening of past returns
- F & O PROFIT REPORTING FOR AY 2026-27
- Booth for sales promotion
- Type of Capital Gain
- Regarding ITR filing with more value than showing in AIS/TIS
- ASMT-10 received from A O
- Rental income of jointly held property
- Accounting with Claude
- Difff in ais receipts and gst turnover
- ITR-3 File/Error Found
- Exiting partner in partnership firm in gst portal
- Taxability of credit in canara bank ET & T section (NRO)
- Consequences of Non-Deduction of TDS under Income Tax???????????????
- TDS on Rent received on redevelopment of building
- Indian IT Portal issue in computing tax as per UK-India DTAA
- Capital Gains on sale of residential flat
- Upload Level ValidationITR3Category of Defect B/D
- PF Taxable Income
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
