Can we take credit of VAT on job work charges by a job worker (i.e printing charges)
For Example:
Printing = Rs 5000 (Includes Labour & Material)
DVAT (5%)= Rs 250
Total =Rs 5,250
Can we take VAT credit of Rs 250 as VAT Input
TDS also deducted by the Client (TDS amount is Rs 105 i.e 2% on Rs 5250)
CAclubindia
