VAT set off

2139 views
User Avatar

CA Final Student
36 Points Posted on 24 December 2007

Hi!


If the client do not have the original bills of purchases made in Mumbai on which MVAT has been charged by the vendor, can the client claim VAT set off of the same or Is Tax invoice bill is necessary fo availing VAT credit under Maharashtra value Added Tax Act? If yes, then please specify Section which clarifies same.


Thanks in advance.


 

Reply Share Follow
On 24 December 2007 at 16:17 Report
Replies (9)
User Avatar

C.A.
2402 Points Posted on 24 December 2007
When ever you want to discuss about VAT, please mention the State. Normally, the section which deals with Input Tax Credit talks about such preconditions of availing ITC. For xample section 14 of Assam Value Added Tax Act, 2003.
Reply
On 24 December 2007 at 18:01
User Avatar

PRACTISING CA
3022 Points Posted on 25 December 2007
Sheetal first of all tell me from which state do you belong.
Reply
On 25 December 2007 at 18:53
User Avatar

298 Points Posted on 26 December 2007
hi sheetal, i think for gujarat section 11 is for taking input tax credit under GVAT Act 2003. and in the same tax invoice is necessary for taking input tax credit...
Reply
On 26 December 2007 at 17:16
User Avatar

Service
22 Points Posted on 27 December 2007
Hi, Sheetal, Original tax invoice is necessary for avail input tax credit.
Reply
On 27 December 2007 at 13:35
User Avatar

Lawyer
339 Points Posted on 27 December 2007
hi first tell me how can an vendor cliam Input tax credit yarrr ITC can only be claim by the person who purchases the goods as i knwwwww
Reply
On 27 December 2007 at 15:45
User Avatar

Guest

Posted on 06 January 2008
can input vat on all capital googs be set off against all out put vat. please tell me.
Reply
On 06 January 2008 at 19:30
User Avatar

Guest

Posted on 06 January 2008
can input vat on all capital googs be set off ahainst out put vat. please tell me.
Reply
On 06 January 2008 at 19:32
User Avatar

Internal Auditor
522 Points Posted on 08 January 2008
Broadly, input VAT on Capital goods can be availed against Output VAT subject to the condition that Input items purchased are against original Tax invoice & such have been used for value addition in manufacturing/processing.
Reply
On 08 January 2008 at 16:57
User Avatar

C.A.
2402 Points Posted on 09 January 2008
Dear members, It is my humble submission that please, please..... mention the State to which the question or answer is related. As you know friends that all the VAT Acts in India are not same. Unspecific querry or reply may result in misinterpretation and may lead to.......
Reply
On 09 January 2008 at 17:29

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Recent Topics :

  1. Taxation of Gift - Father to Daughter
  2. TDS on Property Purchased above 50lakh
  3. Accounting Treatment in Tally for Restaurant Sales
  4. Form 146 required
  5. Rule 86(B) Applicability
  6. ROC FILINGS FY2025-26
  7. Mismatch in 26AS
  8. How Can a Trader Utilise Approximately ₹1.20
  9. How Can Law Students Present Papers at Conferences
  10. On which amount 200% penalty under section 270A is

More recent discussions | Post

Related Topics :

Loading

Latest Job Openings

View all
Company
ARTICLESHIP 07 September 2026
Article/ Paid Assistant

Murali and Sumeet Chartered Accountant

Bengaluru

CA Foundation

View Details
Company
ARTICLESHIP 15 September 2026
Freelance Taxation Content Writer Intern

Interactive Media Pvt Ltd.

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 26 August 2026
Article Assistant

ANIVESH CONSULTANTS LLP

Gurgaon

CA Inter

View Details
Company
21 August 2026
Finance Manager

Resollect Technologies Pvt Ltd

Mumbai

CA

View Details
Company
ARTICLESHIP 01 September 2026
Article Assistant

SGNG & Associates

New Delhi

CA Inter

View Details
Company
24 August 2026
Semi-Qualified CA/CA Finalist - Tax, GST, Audit & Accounts

Bharat Shah & Associates

Mumbai

CA Inter

View Details
Company
08 September 2026
Audit Executive

Thammana & Associates

Srikakulam

B.Com

View Details
Company
ARTICLESHIP 24 August 2026
Chartered Accountant Articles

Rohit KC Jain & Co

New Delhi

CA Inter

View Details