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 ?
Menu
VAT INPUT CREDIT ON FULE
Replies (1)
VAT Input on Fuel (Natural Gas) to be claimed @ 9.5%. (ie. 3 % reduction).
Regards,
Devendra
Recent Topics :
- Practical queries on buy back of shares
- Any faculty recommendations for latest batch recor
- FAI & FAST-DS 2026 query
- Is GST registration mandatory in this case
- Buying a residential flat in Goa: should my wife b
- Income tax filling
- Applicability of RCM in the case of import of serv
- Confusion in gst registration for service category
- Itc claimed from return defaulters
- Gst input credit
Related Topics :
CAclubindia
