Please Help: MVAT
Posted Date : 21-Feb-2014 , 05:55:04 pm | Posted By: CA KIRAN LONDHE
Category :
VAT | Answers :
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Comments :
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Can Dealer paying mvat under composition scheme @8% avail set off mvat paid by him on input @8% ? |
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| Posted By : Aditya |
27-Feb-2014, 02:02:37 |
| Yes... but in respect of corresponding purchases there is reduction to some extent as mentioned in Rule 53. |
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| Posted By : Adil Malik |
27-Feb-2014, 12:30:22 |
| Yes. 64% vat credit is available of the Total Input |
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