Eligible purchases for availing input tax credit
1) for being used in the execution on works contract.
2) for making zero - rated sales
what is the meaning of "execution of works contract" and "zero-rated sales"?
Menu
Vat related querries
Replies (2)
Hi Friend,
Zero rated sales in VAT means, the rate of Vat for the sale shall be nil and still u can claim the input credit.
S.V
Due Date of Payment of VAT and filling of VAT Return
1. For Newly form Company and Proprietory Concern
2. For Existing Company and Proprietory Concern
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
