Dear Members,
Is Input Credit Available on the items purchased for the purpose of Export Sales
Dear Members,
Is Input Credit Available on the items purchased for the purpose of Export Sales
Input Credit is not available on this situation. But you can buy the items to be exported against Form-H / Form-D and you dont need to pay any VAT.
agree with above
Correct explaination by Ashish Gupta ....
correct , i am agreed on the above statement.
thanks for the reply.
input tax credit is available(refundable) on purchases made for export purpose in karnataka VAT
CAclubindia
