banner_ad

Input tax credit on karnataka vat

VAT (Legacy) 841 views 1 replies

 

For following purchases we can claim full input tax credit please clarify

Purchases                                                   tax

Interstate purchases     2%     200000.00       4000.00 rs

Local purchases               5%    500000.00    25000.00 Rs

Local pur                       13.5%   800000.00  108000.00 Rs

 

Sales

Local Sales                     5%      200000.00    10000.00 Rs

Local Sales               13.5%     400000.00      54000.00 Rs

Inter state Sales       2%         3,00,000.00      6000.00

Stock transfer                        400000.00

Upto what amount input tax eligible

Thanks and regards

Replies (1)

No Experts are there to give the answers for the above?????????????!!!!!!!!!!!!!!


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
19 May 2026
Article, CA & Paid Assistant Positions

Aggarwal Sarawagi and Co

New Delhi

CA

View Details
Company
ARTICLESHIP 15 May 2026
Audit Assistant / Article Trainee / Intern

SSGS and Associates

Chennai

CA Inter

View Details
Company
Featured 28 May 2026
SEMI QUALIFIED/ CA DROPOUTS/ ARTICLES

T R SOOD & CO

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 14 May 2026
CA ARTICLE

PRAVEEN GARG & CO

Faridabad

CA Foundation

View Details
Company
24 May 2026
Accounts & Tax Executive

PARAS KHURANA AND CO

New Delhi

B.Com

View Details
Company
07 June 2026
Tax Associate

Rajkumar Jain & Co.

Ahmedabad

Graduate (Any)

View Details
Company
ARTICLESHIP 17 May 2026
CA Article /Trainee

Malik Sunil & co

New Delhi

CA Foundation

View Details
Company
01 June 2026
Audit, Taxation & Compliance Executive

R P S K & Associates

Nashik

CA Inter

View Details