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
CA. O.P. Agarwalla
(Expert)
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
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- "Please ensure that the Total of the Deductions u/s 54F match the same in Table D in Sch CG"
- Need to correct "Whether it is last installment " response in Form 26 QB
- " Income from House Property " in joint names of co-owners
- REGARDING TDS RETURN OF FORM 27Q
- Notice under e-Verification Scheme
- GST demand notice for ITC reversal against exempted supply.
- RCM ON SECURITY CHARGES FROM INDIVIDUALS
- How to get money back from delisted company
- ITC not to be taken in accounts & GSTR-3B
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
