Salex tax

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venkata ramana (Querist)
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12 November 2010 presently i am raising 13% sale tax on work done by us to the debtor. but i am getting raw material from with 5%. how can i take credit.

if i get the bill from the manufacture, how can i take credit.

please give feed back.

CMA Ramesh Krishnan

CMA Ramesh Krishnan (Expert)
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12 November 2010 There is no such restriction for taking input credit in one rate and adjusting with different rate, it can be adjusted

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