Vat on free foods
This query is : Resolved
22 November 2013
Hi Friends,
Can Anybody Help me to come out from below problem..Plzz?
If an assessee purchase goods for a cost with a vat bill.And he takes the input credit of purchase vat. Can he gift these goods to his customer. And can he make a zero amount bill to his customer..?
also, What is the legal document for gifts to customer..i m confused..can we raise sale bill of Zero rate even though it is not a sale but it is a gift..
plz help..!!
Can Anybody Help me to come out from below problem..Plzz?
If an assessee purchase goods for a cost with a vat bill.And he takes the input credit of purchase vat. Can he gift these goods to his customer. And can he make a zero amount bill to his customer..?
also, What is the legal document for gifts to customer..i m confused..can we raise sale bill of Zero rate even though it is not a sale but it is a gift..
plz help..!!
22 November 2013
Plz ignore my typing error in subject..
Its VAT ON FREE GOODS..!!
Its VAT ON FREE GOODS..!!
14 August 2023
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