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615 views • Question added Mar 17, 2012 • VAT • By subheet , ghazipur


Is entry tax will be payable on vat paid by up supplier in 2008-09

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answered Mar 17, 2012 by Ashish Karundia , New Delhi

Dear Subheet,

Please clarify your query in a more elaborate manner so that the answer can be given.


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subheet

20-Mar-2012 , 06:38:22 pm

suppose we purchase goods for invoice value 1050000/- including vat in January 2008.In this invoice goods value was Rs.917030.57 and Vat value is Rs. 132969.43. Now my question is that what will be the entry tax amount. we have to pay entry tax on 1050000/- or on 917030.57 ?

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