Vat credit to beauty parlour
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
17 April 2012
Hello sir/Madam,
I want to know
whether a beauty parlour can avail VAT Credit on raw material purchased from local dealer against the vat charged on the products sold by the parlour.
I want to know
whether a beauty parlour can avail VAT Credit on raw material purchased from local dealer against the vat charged on the products sold by the parlour.
CA CS Amit S. Kedia
(Expert)
17 April 2012
Vat credit is allowed to you only if you are not opting for any composition scheme under Vat law.
CA CS Pawan Jajoo
(Expert)
18 April 2012
YEs var credit will be allowed only if you are registered dealer
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