Hi
I am filing Vat re-12.5% , we have raised invoice for software to our client can I get Vat output credit on the stationeries, and other items purchased fro our company on this VatMenu
VAT 12.5%
Replies (4)
Vat paid on stationeries are not liable to claim credit. Therefore, no vat credit on vat 12.50%
hi on which i can take credit
for software poduct selling
can any one help me
Hi, Could you complete the question in respect of nature of your business and purchase and sales etc than it would be better to understand the entire tax implications .
Thanks & Regards,
M P Singh
No , you can take credit only ur trade item which purchase for sale
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