MY CLIENT HAS A FACTORY AT KIRTI NAGAR, DELHI, OF IRON STEEL RODS.. HE HAS RECENTLY CONTRACTED WITH IGL FOR A GAS SUPPLY IN HIS FACTORY ON MONTHLY BASIS.
HE IS PAYING RS. 13000 VAT PER MONTH TO IGL.
I WANT TO KNOW WHETHER HE IS ELIGIBLE TO CLAIM THE CREDIT OF THAT VAT PAID OF RS. 13000 ON THE TOTAL AMOUNT OF VAT PAYABLE ON THE SALE OF IRON AND STEEL RODS ?????????
CAclubindia
