Can we avail VAT 4% paid on purchase of Low Ash Met Coke (LAM Coke) using for manufacturing. I want to know whether we can get input VAT credit on all processing materials used for manufacturing.
Menu
Input VAT Credit
Replies (2)
NO, U CAN'T TAKE INPUT. B'COS THIS IS ENERGY CONTENTS ITEM FOR A MANUFACTURING CONCERN.
| Originally posted by :Samir | ||
| " | Can we avail VAT 4% paid on purchase of Low Ash Met Coke (LAM Coke) using for manufacturing. I want to know whether we can get input VAT credit on all processing materials used for manufacturing. | " |
Yes you can avail VAT 4% Input Tax credit on all processing material.
Now I am taking this type of Credit i.e. Manufacturing Material Since 2006 when Vat was imposed in my State (Guj.). I have completed sales tax 2006-07 assessment before two month ago and take refund amt. from Sales tax deparment.
Recent Topic
- Bricks Klin
- Compile error in hidden module: Sheet1. (ITR 5 exc
- Is there a way to get refund for 26QB if paid twic
- How Important Is an MBA Course for Career Growth i
- Learn - How to Take Free Scheduled Auto Backup on
- UPi/Banking Remarks
- URGENT CLARIFICATION NEEDED REGARDING SFT- 005, PL
- What is the nature of business for Pranic Healing
- GST Clarification for billing
- Already tax paid Refund or
Related Topics
CAclubindia
