Can a manufacturer claim vat input for packing materials as per tn vat?
Menu
Vat input credit for packing material
Replies (3)
Yes bt if the packng material is usd fr manufacture of exemptd good dn no itc
Dis is the general rule
dnt knw abt tn vat sory
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.
Recent Threads
- How does employee management software help in stat
- Clarification Required – Section 18 of Wage
- How to split freelance project income with a frien
- 194a for A y 2024-25
- Compensation & Benefits
- SAC code and GST rate transport services for anima
- Section 44AB is Gone — How Different is Tax
- Capital Gains from Cancelled Residential Project
- Import of goods data in IMS
- GSTr 9 24-25
Related Threads
CAclubindia
