Vat does not interfere with decision of purchase.
This query is : Resolved
16 May 2014
"It is said that VAT does not interfere with the decision of purchase".
However input tax credit is not available for inter state purchase or purchase from a registered dealer.
So is the statements in "" correct or not? And if correct, please give your reasons.
However input tax credit is not available for inter state purchase or purchase from a registered dealer.
So is the statements in "" correct or not? And if correct, please give your reasons.
Nikhil Kaushik
(Expert)
16 May 2014
this statement is good only in an ideal world and may become true once GST comes into force.
as on today, the decisions do get influenced by availability of tax credits and inter-state setoffs.
as on today, the decisions do get influenced by availability of tax credits and inter-state setoffs.
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Nikhil Kaushik
(Expert)
18 May 2014
you are welcome gauri...
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