Sir,
I have a query regarding Delhi vat. Can a assessee claim input credit(Refund) on purchase of goods (tax paid @ 12.5%), where no local sale has been made by the assesse and all the goods have been transferred to branch in haryana against form F.
Plz reply, Thanx in advance
see delhi sales tax rule:
| Tax credit disallowed in respect of stock | total Input recd | x | Stock transfer | = | xxxxxxx | ||
| transfer out of Delhi [ Section 10(3)] | Total sale | ||||||
so you can calculate your Input vat disallowed
how can you take refund.
YOGESH KAPOOR AND ASSOCIATES
New Delhi
B.Com
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