If the purchaser did not submit form "c" while purchase from
outside state, and he charged for 12.5 % vat, then can he
claim input credit for Rs. 12.5 % ?
- 4 Answers
- 8746 Views
- I also Faced
- E-Mail Answers
Answer Posted / guru
If the purchaser did not submit from "C" double of the CST
or Local sale tax so he did not claim input tax credit becoz
he is also out of state purchaser.
| Is This Answer Correct ? | 14 Yes | 2 No |
Post New Answer View All Answers
Company A from Maharashtra dispatch material directly to company C in Maharashtra & Billed to Company B in Karnataka. Co. A raised billed to Co. B charged local VAT., Co. B raised bill on Co. C tax rate NIL. Can Co. C claimed on VAT amount ?
How to calculate long term capital gain
what is fillup form when company issue c form
what difference in motvat & cenvat? and why this prepared?
What is cenvat credit?
What are the basic and additional conditions for resident and ordinarily resident (ror)?
what is limit of form "16" or "31",c-form & form "11" or 3b during the issued on one time.
if company is registered in West Bangal and goods are purchased from Maharashtra for export, and export will be done from Maharastra, then who can issue the H form?
which form no's wiil be used for filing IT,ADVANCE TAX, TDS,VAT,CST,ST,PT,EXICE DUTY,ESI,PF?What is the Due Dates? very urgent
What is turnover limit for Auditing of Service Tax, VAT, Income Tax, Provident Fund, P. Tax and WCT? Please mail me at gautam_ch2 @ rediffmail.com or call me at 09831707812.
how to generate H-form and procedure for generate?
If forth alphabet is f then what is TDS percentage ?
Define deferred tax liability? What items come under deferred tax liability?
sir mai ek bar cst online tax payment kar raha tha to sar maine tac par na click kar ke interst par click kar di ho mai kya karu please give a anwers
if i have a educational loan on my name, can i show for tax exemption on current year income tax? Is it applicable for tax exemption (educational loan)
