i see no reason why u cant claim vat credit
Respected Sir,
As per my knowledge, you can avail the Input VAT credit after retention @ 3%. (4% - 1%) ie 1% VAT can be claimed as Input credit.
Please wait for others to comment on the same.
Regards,
Devendra Kulkarni
Thank you for your response. Can you kindly elaborate?
O P Bagla & Co LLP
New Delhi
CA Inter
View Details
SMJ global advisors pvt ltd
New Delhi
B.Com
View Details
CAclubindia
