Please Help: input credit
Posted Date : 24-Apr-2012 , 02:32:10 pm | Posted By: Sourabh Mehra
Category :
VAT | Answers :
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Comments :
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whether input credit is available on stationery
and whether input credit is available on acids which is used in the manufacturing of beers |
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Answers:
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 Answer by: Vikash Kumar Jha |
| let see if item of stationery is related to exempted goods then you can not take other hand acid used in manufacturing of beer on which may able to take input tax credi
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| Answer by: Vikash Kumar Jha |
| let see if item of stationery is related to exempted goods then you can not take other hand acid used in manufacturing of beer on which may able to take input tax credit
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| Answer by: Rishabh Upadhyay |
| Input of VAT will not be available on stationary items, where as on acids sales tax if any can be adjusted.
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| Answer by: CA Satuti Mahajan |
| ITC is not available on stationary but you can take on acids.
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