gud morning experts,
i would like to know that we are manufecturing unit than can any 1 told me than can we sold our raw material . any rule in sale tax .plz clear
Sale tax
(Guest)
Dev K Sharma
(Learning Thru Experience)
(157 Points)
Replied 25 February 2012
Yes you can sold the Raw Material, if needed with applicable Local Sales Tax rate,
but if you are claiming remission on Sales tax payable , you can't claim remission on the Raw Material Sales (Out Put Vat Payable)
Live Course on Python for Financial Analysis: Unlocking Efficiency in Accounting and Finance
CAclubindia
