WHETER FULL INPUT VAT CREDIT AVAILABLE OR 2% LESS, ON STOCK TRANFER (AGAINST "F" FORM) TO OWN HAVING BUSINESS IN OTHER STATE
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Input credit on stock transfer
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No FULL set off is available in case if there is a branch transfer against F FORM .......
An amount equal to 4 % of the value of the goods stock transferred is reduced from your total ITC as retention u/r 53(3) of MVAT Act,2002
4 % from 1.4.2012
ok......
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