Can a manufacturer claim vat input for packing materials as per tn vat?
R.Karthikeyan (Cost Analyst) (80 Points)
22 November 2013Can a manufacturer claim vat input for packing materials as per tn vat?
ARUN GUPTA
(IN PRACTICE)
(46 Points)
Replied 24 November 2013
ARUN GUPTA
(IN PRACTICE)
(46 Points)
Replied 24 November 2013
Dhruvi N suthar
(Account Executive)
(303 Points)
Replied 19 December 2013
yes, mfrr can take input credit on packing material...available only if final product is not exempt from the Vat otherwise input tax credit not available on packing material.
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