Our Company is covered agriculture industry that's why TIN number is not required.
Please tell me:
Is there any relaxation on input tax(VAT or CST @ 5%/12.5%) ?
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Vat/cst on purchase
Replies (4)
No Way, my dear
Where the thing itself is exempt you cannot claim exemption or input credit on it.
| Originally posted by : Mithil Munot | ||
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No, You can get refund of Input Vat |
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How Can, yu get Input Mithil Munot !
Please share with us, we are waiting
As your Company is covered agriculture industry and thier is not requirment of TIN number, so you cann't take a input tax credit of VAT
There is no any relaxation on input tax and tax will become expenace for you.
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