Vat input creadit

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Dear Friends

Last Month purchase of Items Valive 45000,Input tax 1800, sales of Items Valive 35000 out put Vat 1400

How Much Vat input Creadit

Thanking You

Replies (2)

Rs.1400

u will get credit of whole 1,800 during the year of purchase.

for payment of VAT u can use the credit of 1,400.

bal. rs 400 available for next pament of output vat.


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