Vat set-off on of advertising

Mahavat 562 views 1 replies

VAT Set-off On of Advertising

Hi Friends,

 

Can Any one Tell me, i m doing VAT Returns/VAT Working of advertising agnecy (PVT Ltd. entity) , we Provide Space for Advt., Advt on Public Transport ( PMPML) & Hoardings, Flex Printing with 5% Vat , for this activities we purchase Steel & Consumables for using advt.So, tell me can i take VAT Setoff of that purchase material against VAT Sales Bills, Please tell me as early as possible.

Thanks & Regards

Nilesh ( nr_deshmukh @ yahoo.com)

Replies (1)

yes you can take the Input of VAT paid on purchase of steel against the VAT liabiity..


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