Can we claim refund of 14.5% ap vat

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Dear Experts,

We have bought a old building (Dismantling) from a VAT dealer who has purchased the building from Govt Auction in AP. The dealer inturn sold us the Old Building as it is and issued a invoice charged with 14.5% Tax. After dismantling we have obtained sales of 5% Tax rate on Iron material, 14.5% on wood material and Nil Tax rate on waste (rubbish). We sold the material accordingly, we have taken the input credit of 14.5% on our purchase invoice from the VAT dealer. so can we may claim for remaining difference of Tax as refund from the Commercial Tax Dept., AP.

Please clarify.

Thanks & Regards,

Imran.

Replies (1)

I think Yes

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