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 Threads
- Best NISM course for an Accountant
- Calculate IT on LTCG AND STCG for the FY 2025-26
- Heard and Seen Around - Your Daily Economic Quick
- Returning to India - Residency confusion
- About CMP-08
- RCM List on GST
- Resignation of Previous Auditor
- Summary of GST Notification 18/2025 (Effective 1 N
- Heard & Seen Around – Your Daily Economi
- ITC restriction for Food manufacturing units
Related Threads
CAclubindia
