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VAT INPUT

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Querist : Anonymous

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Querist : Anonymous (Querist)
27 September 2010 DEAR SIR

WE HAVE PHARMA MFG.UNIT IN HIMACHAL & OUR 40% SALE ON BRANCH TRANSFER & REST ON CST SALE. LET ME KNOW CAN WE CLAIM 100% VAT INPUT CREDIT ON PURCHASE OF RAW MATERIAL.

27 September 2010 You can claim 100% input vat on input purchase but in proportion of Branch tranfer input va will be disallowed. for Exmple:

Total input vat
--------------- X Branch tranfer=disallow
Total sale


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