utilisation of VAT paid on input purchase
This query is : Resolved
11 August 2010
Dear All,
My client has business in the construction industry and doing government contract works.
He has paid input vat on all purchase, but he can not set off the vat paid. He has also no other service tax liability. As the final product is not leaviable.
What should be the solution? Wheteher he has to chagre the VAT to P&L or refund is available ?
My client has business in the construction industry and doing government contract works.
He has paid input vat on all purchase, but he can not set off the vat paid. He has also no other service tax liability. As the final product is not leaviable.
What should be the solution? Wheteher he has to chagre the VAT to P&L or refund is available ?
11 August 2010
its a exps.
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