29 January 2008
While making purchases we receive VAT invoices. whether we can take credit of the VAT paid on purchase if the invoice does not idicate anything regarding " TAX INVOICE " or "RETAIL INVOICE".?
29 January 2008
under vat act if tax invoice is compulsary.ste off is available only on a valid tax invoice set off cane not be allowed but same can be retrned to the for necesarry corrections their after set off can be claimed
CAclubindia
