in case URD purchase in gujarat state, is vat liability arise on company to submit vat with department if they uses the material in production of exempted goods?
Menu
Incase urd purchase
Replies (1)
Yes. it will arise on the company even though it is utilised in exempted goods & input VAT cannot be availed.
Recent Topics :
- LTCG: Home Loan Principal Repayment?
- Ims action relationship query
- GIFT REGARDING
- TDS on salary to non resident managing director
- Ewaybill and Transport documents (Lorry receipt)
- LTCG on sale of Builder Buyer Agreement
- Rule 13(2)(h) and valuation of CCDs
- Leave encashment, New labour code, Management cadr
- GST clarification needed:
- TDS processed with short deduction default
Related Topics :
CAclubindia
