I am registered manufacturer in Delhi, i am into manufacturing of packaging material cartons/boxes.
Most of my sale is against H form, the clients are exporting the finished goods.
I am purchasing the raw material (paper/board) against 5% Vat in delhi.
Therfore my input/output tax difference become very high due to no sale against CST or VAT.
I do not get my refund tax after 3-4years.
HOW SHOULD I PURCHASE THE RAW MATERIAL?
IS THERE ANY WAY TO PURCHASE THE RAW MATERIAL WITHOUT TAX ?
Approach your circle CTO in the regards, they will process
Dear Shoib,
There is no procedure to purchase the goods without Vat ,but u Can Get the refund of Vat on Quaterly or Yearly Basis
As soon as u submit all related document to Dvat Dept u will get the Vat refund easily.
Naveen Fintech Pvt Ltd
Kolkata
CA Inter
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