VAT on IT Industry in India
This query is : Resolved
22 April 2008
What is the implication of VAT in IT Industry in general since the output does not suffer VAT.
How do IT Indistry in Karnataka get refund on input tax on capital goods?
Does the refund come of its own or do we need to apply for the same in any prescribed format?
Do we need to file an Annual Returns for VAT?
Is there any audit to be done for VAT
How do IT Indistry in Karnataka get refund on input tax on capital goods?
Does the refund come of its own or do we need to apply for the same in any prescribed format?
Do we need to file an Annual Returns for VAT?
Is there any audit to be done for VAT
19 June 2013
No Audit should be done for the same.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Tax Audit u/s 44AB for Transport Business A proprietorship is engaged in transportation business and
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- STATUTORY AUDIT OF A SMALL PRIVATE COMPANY INCORPORATED ON 28.03.2025
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
