Vat credit

Mahavat 676 views 2 replies

Kaushik Bodas

Working as a consultant for Minda Indust

37 Points Joined May 2011

IS THERE ANY 26 AS LIKE FACILITY FOR VAT PAID IN MAHARASHTRA STATE?

Replies (2)

Lalit Kumar

Vice President

2213 Points Joined August 2010

can u pls elaborate ur doubt/question. Clarity needed..

We have a client who is a works contractor and have contract executed all over india. He purchase and consume the material in same state.He is registered only in maharashtra State. What is the tax implication for the material consumed outside maharashtra and also WCT TDS deducted for contract outside maharashtra will be allowed for set off in maharashtra.

Reply at your earliest.