Dear all,
I want to know that VAT credit on fule may be availed or not ? In our company Natural Gas used as fule and VAT 12.5% AND ADD. VAT 2.5% CHARGED IN INVOICE . So, Please clearyfy that how much credit availed and how may much disallowed ?
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VAT INPUT CREDIT ON FULE
Replies (1)
VAT Input on Fuel (Natural Gas) to be claimed @ 9.5%. (ie. 3 % reduction).
Regards,
Devendra
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