reversal of vat credit in case of stock transfers

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head
52 Points Posted on 30 March 2010

Whether we have to pass reversal entry of input vat credit taken on purchases  in case of stock transfers?? if yes at wat rate and value??

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On 30 March 2010 at 15:06 Report
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CA Final Student
177 Points Posted on 30 March 2010

The purchase rate aplicable to stock transfer also..

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On 30 March 2010 at 15:36

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