Dear Freinds
A dealer in jewellery purchases petrol & tyres for motor car, debited under the head motor car expenses.
Whether such purchases are to be taken for turnover of purchases. SInce petrol bill are including tax where we have to show such purchases.
Pl reply . Its urgent.
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Mvat Audit
Replies (2)
no, because it is not for business purpose which is shown in regitration application.
pawan singhal ca
pawan singhal ca
Pawan Singhal is right
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