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...
Menu
VAT
Replies (5)
Yes he can if the state rules permit :-):)
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????????
I could understand your queery. please send me detail to my email id acess2008 @ gmail.com
Adv Pawan Kejriwal
9322283578
Recent Topics :
- FAI & FAST-DS 2026 query
- Is GST registration mandatory in this case
- Buying a residential flat in Goa: should my wife b
- Income tax filling
- Applicability of RCM in the case of import of serv
- Confusion in gst registration for service category
- Itc claimed from return defaulters
- Gst input credit
- CAN PARTNERSHIP FIRM SIGN SERVICE AGGREMENT WITH A
- E-waybill
Related Topics :
CAclubindia
