Menu
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 | ||
 |
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. |
 |
NOT AGREE
You cant take input from invoices of unregistered dealers
Recent Topic
- Please share the roc and income tax compliance fo
- Proprietor have 2 business. One is registered unde
- ITR-4 – Gross Receipts or Turnover for Secti
- Unrelated entries in AIS and Form 26as
- Payment to foreign national
- Internal reconstuction
- IDS Refund – Annexure B & GSTR-3B Match,
- Can i should STCG and LTCG as business income ?
- Capital contribution in Firm
- Form 3CD – Clause 20(b) | ESI Contribution &
Related Topics
CAclubindia
