What is the procedure of geting vat refund for construction
division where output is nill?

Answers were Sorted based on User's Feedback



What is the procedure of geting vat refund for construction division where output is nill?..

Answer / s senthil kumaran

Construction activity does not amount to any manufacture of
goods, hence VAT credit/ rebate cannot be availed/ refund.

Is This Answer Correct ?    3 Yes 2 No

What is the procedure of geting vat refund for construction division where output is nill?..

Answer / dhokchaule kishor

any capitalised item do not get refund vat. u r related to
construction so u would not get any vat credit


Regards,
Kishor Dhokchaule
Finance Executive
Prabhat Group of Industries,
Nirmalnagar- 413720

+919822508968
Kishordhokchaule@gmail.com

Is This Answer Correct ?    0 Yes 0 No

Post New Answer

More Taxation Interview Questions

what do you mean by C form , meaning and example

29 Answers   Al Badr Seafoods, Axson Revocoat, C Form, Value Labs,


Hello Sir, If A is purchased Excise Duty paid goods i.e. H.R.Sheet. He want to sell the same as vat bill without excise. It can be possible.

2 Answers  


Define financial year?

0 Answers  


Our one local supplier who engaged in supplying stationery & housekeeping materials he charge Vat @4% on bills or some bills they charge Vat @5% or sometime 12.5% How it decide ..?? n how can we cross check ??

1 Answers  


Service tax on rent (immovable property)?

1 Answers   Reliance,






if we have amc any vendor 25,000 pa. should we deduct TDS

2 Answers   MAHINDRA,


what is service tax rate of work contract in f.y.2012-2013 and what is compos ion scheme and normal scheme

2 Answers  


AT WHAT LIMIT PAYMENT CAN BE MADE AT A TIME TO PROFESSIONAL AND CONTRACTOR , WITHOUT DEDUCTION OF T.D.S. D.K.SONI

1 Answers  


what is the scope of business taxation in private company?

0 Answers   Reliance,


Please tell me the minimum exemption limit to applicable Fringe Benefit Tax.

6 Answers   Genpact,


what is the procedure for tds?

1 Answers   IBM, OPI Global,


What is the procedure to take modvat and its form number

0 Answers   Videocon,


Categories