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I want to know that can we get input vat credit against tax
invoice/retail invoice/& commercial invoices. Our auditor is
saying that only tax invoice is libel for vat input credit.
But many parties issue us retail invoice & commercial invoice.

Question Posted / sushil sharma

Answers were Sorted based on User's Feedback



I want to know that can we get input vat credit against tax invoice/retail invoice/& commercial..

Answer / n.chandra shekar

we take any vat paid invoice(with in the state),can take
input credit.

Is This Answer Correct ?    8 Yes 1 No

I want to know that can we get input vat credit against tax invoice/retail invoice/& commercial..

Answer / sajjad rehman

Dear we just take input vat credit only against Invoices in which vat is paid.

the parties who issued you retail invoices, Commercial Invoices if they are not registered then u cannot claim
for vat u just take this invoices gross value as unreg taxpayer in purcase annex



Thanks

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