Salex tax
This query is : Resolved
venkata ramana
(Querist)
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.
if i get the bill from the manufacture, how can i take credit.
please give feed back.
CMA Ramesh Krishnan
(Expert)
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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