05 January 2015
While auditing a hospital as a part of internal check, it is found that they are availing inputtax credit on 8B,8H forms, which is not admissible under law. After scrutiny it is found that form which is named as 8H,8B has all details of form 8.ie vatoutput shown seperately and TIN no is stated....can a company claim inputtax credit ,if default is made by supplier in naming correct form,????
06 January 2015
Tax invoice form not specified but has all information as per Form 8 to claim input tax credit under KVAT,,,,is it necessary to name a tax invoice?
06 January 2015
Tax invoice form not specified but has all information as per Form 8 to claim input tax credit under KVAT,,,,is it necessary to name a tax invoice?
06 January 2015
A company has no CST liablity but has made interstate purchase, input of same is taken to pay off vat liablity..by issuing form C . Is it permissible under KVAT Act?