banner_ad

Vat credit on gas (fuel)

GST 1787 views 1 replies

Hi All,

 

We are using GAS from Gujarat Gas for generation of steam for our boiler. So basically it is a fuel. We are paying 15% VAT on this GAS. I would like to know whether VAT credit on such GAS is available or not as per Gujarat Vat Act. Also I would like to know whether we have to reverse 4% VAT credit on such material, if at all we can take the credit? Plz let me know on urgent basis.

 

Thanks

Replies (1)

can anyone plz help me with this query. it requires some urgency as our books of accounts have to be closed for F.Y.2011-12


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
16 May 2026
Account & Audit Asst

RAHUL KHANDEBHARAD & ASSOCIATES

Nashik

B.Com

View Details
Company
24 May 2026
Accounts & Tax Executive

PARAS KHURANA AND CO

New Delhi

B.Com

View Details
Company
05 May 2026
Accountant

Sanjay K Pathak & Associates

Noida

Graduate (Any)

View Details
Company
29 May 2026
Finance Head

Bhawar Sales Corporation

Chennai

Graduate (Any)

View Details
Company
Featured 26 May 2026
Account Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
09 May 2026
Audit Manager

Kanna and Associates

Coimbatore

CA Inter

View Details
Company
26 May 2026
Education Content Creator

Adyayam Education LLP

Bengaluru

CA Foundation

View Details
Company
02 May 2026
Experience Audit Manager

AGGARWAL SAMIR & CO

New Delhi

CA Inter

View Details