One of my client's end product is tax free(VAT). However he has input VAT credit he is unable to set off as his product is tax free.. Can he get refund of the input tax credit.. Pls help me out on this issue...
One of my client's end product is tax free(VAT). However he has input VAT credit he is unable to set off as his product is tax free.. Can he get refund of the input tax credit.. Pls help me out on this issue...
No, Input tax paid for manufactureof output being exempt, is not eligible for credit, unless they are exported. I am sure the position is same across all the States.
Yes input credit is avaialble in Maharshtra subject to certain conditons. Call me for the same.
Adv Pawan Kejriwal
9322283578
Boss help me about the case in TNVAT????????
SMJ global advisors pvt ltd
New Delhi
B.Com
View Details
V.K. Ranjan & Co(Chartered Accountants)
New Delhi
B.Com
View Details
Shyam Joshi & Associates
Pune
B.Com
View Details
Shaswat initial support private limited
Ahmedabad
CS
View Details
YOGESH KAPOOR AND ASSOCIATES
New Delhi
B.Com
View Details
CAclubindia
