GST in Real Estate & Construction
What is the treatment for VAT if the client is not taking input credit of Capital goods
Why is the client not taking the credit?
It is the company policy to Capitalise the VAT paid and claim depreciation.
Is the input credit on purchases insuficient to meet the VAT liability.
Yeah it is insufficient and the balance they are paying.
Your are not logged in . Please login to post replies Click here to Login / Register
More recent discussions | Post
TAXLET
Calicut
B.Com
Ashok Amol & Associates
New Delhi
Abhishek G Agrawal & Co.
Korba
CA Final
N N V Satish&co
Hyderabad
CA Inter
CA
Gupta Sachdeva & Co. Chartered Accountants
India's largest network for finance professionals
Alternatively, you can log in using: