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Purchase from unregd. dealer
Replies (3)
No limit and you can not take input credit on purchase from unregd. Dealer.
There is no limit for purchase for unregistered Dealers and u can not take Input credit on this purchases
But there is some Expectation in VAT Act. You can take credit of Input Tax if Unregistered Dealer purchase from Registered Dealer & Pay VAT on time of Purchase.
| Originally posted by : himanshu | ||
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There is no limit for purchase for unregistered Dealers and u can not take Input credit on this purchases But there is some Expectation in VAT Act. You can take credit of Input Tax if Unregistered Dealer purchase from Registered Dealer & Pay VAT on time of Purchase. |
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NOT AGREE
You cant take input from invoices of unregistered dealers
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