Vat credit on consumable expenses : in gujarat vat act
This query is : Resolved
Akash Unadkat
(Querist)
29 May 2015
If we book Consumable Expenses TO EXPENSE A/C. & NOT AS PURCHASE, then Can we Avail VAT Credit, as per Gujarat Vat Rules ?
N If we can get Credit on Expenses Booked, then How can we show in Vat Return, as Purchase should we show ?
-Akash Unadkat
N If we can get Credit on Expenses Booked, then How can we show in Vat Return, as Purchase should we show ?
-Akash Unadkat
Mayur Gondaliya
(Expert)
30 May 2015
OPEN CONSUMABLE PURCHASE A/C UNDER PURCHASE GROUP AND TAKE CREDIT OF SAME
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