VAT input credit can taken or not if supplier makes the Invoice bill amount (inclusive of VAT). didnt showing the VAT charged by him or we can take credit by calculating VAT amount by making Reverse calculations?
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VAT credit
Replies (4)
No you should ask for a revised invoice stating the value of goods, VAT charged and all.
As per my knwoldge If suplier has not shown bifercation of vat and taxable amount in the invioce, we can't take input tax credit on this invoice amount because we don't know whether suplier has paid as a out put tax to the govt or taken all amount as a taxable amount.
No You Can't take the Credit
is input sales tax credit is available against Vat. please hlep me.................
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