vat input


This query is : Resolved 

20 August 2010 Hi friends....
my Co. is engaged in Real Estate Business. we regularly purchse goods for use in construction of building/mall. these bills includes Vat amt. we do not sell Flats/Shops until their construction is completed so i want to know that wheather i could avail Input Vat on purchased Material without filing Vat returns or not. Thanks & regards

24 August 2010 If you are raising VAT billing to the customer,then you can take input credit


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