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PURCHASE OF FIXED ASSETS THAT PURCHASE TO CLAIM THE VAT
PAYMENT ?
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Answer / dharmendra jha
Generally we consider the value of vat on purchase of fixed assets as a Value of Assets so the To Total Value of Assets should be (Cost of Assets + Vat)
And 2nd provision is also available in VAT Act,
We can claim the Vat amount as a CENVAT Credit on purchase of capital goods and it is 50% available for first year and remaining in other year....
| Is This Answer Correct ? | 23 Yes | 1 No |
Answer / himanshu
vat amount on purchase of fix assets calim in three part e
i 33.33% vat claim in this balance amont calim in next two
yaer 33.33% & 33.33% .
If cenvat -
amount of cenavt on purchase of fix assets 50% calim inthis
year through Excise Register RG-23c & 50% calim in Next
Year through excise register RG-23c Part II
| Is This Answer Correct ? | 5 Yes | 4 No |
Answer / himanshu
vat amount on fixed assets calimed 50% calim in purcahse
year & 50% claimed next year
| Is This Answer Correct ? | 3 Yes | 4 No |
Answer / rohit jha
Now You can not claim for vat Refundable on Fixed Assets
Purcahse
| Is This Answer Correct ? | 3 Yes | 5 No |
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0 Answers ABB, Chartered Accountant,
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
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