can i take input tax credit on inter state purchase? reply
breifly.
Answer Posted / ramachandra
We can not take input credit on interstate purchases
because purchase and sale effected in different states
| Is This Answer Correct ? | 14 Yes | 0 No |
Post New Answer View All Answers
what is reverse credit & how it is calculated in vat law in west bengal?
HOW TO FILL UP WEST BENGAL VAT FORM 14. NOT TECHNICALLY I AM AWARE ABOUT THEIR MANUAL. BUT I WANT TO KNOW POINT BY POINT.
if i the vendor is providing us some printing material & they issue a bill of printing with including Vat so what can i deduct TDS ?
Our firm is 7 years old. We don't have PT registration for partners as well as employee. If we do it now, will it be a problem or how much penalty will come. Any one can give suggestion.
accounting taxation
What is the limitation for loan from pvt ltd company to other sole proprietor company suppose 25 lakhs given. what is the rule at the time of income tax point of view. Please clarify anybody....
i have paid P-TAX ( employee ) in EC code & P- TAX ( COMPANY)paid in RC code.how can i solve this poblem?
What is the value of the Budget for 2009-10
I AM A/C'S MANAGER IN CONSTRUCTION CO.WE TAKE TRANSIT MIXTURE ON RENT BASE FROM OUTSIDER.THE SUPPLIER CHARGE VAT ON THAT MACHINERY @ 15%,IS IT TRUE? IF YES PL.SAY ME WHICH SECTION APPLY UNDER THIS LAW OR NOTIFICATION OR CIRCULER FROM COMMERCIAL TAX DEPATMENT.
what is the exise limit in granite manufacturing
What is total income?
Where can i get IFAM Banglore details, i came to know that there they are giving Accounts & Taxation Training on Real Projects, and they are providing Job after training. I got one number that is not reachable i.e 9591777526. Please give me if any one knows this Institute details.
Explain the procedure to calculate provident fund, esi, vat and sales tax.
How to calculate sales tax ?
When and how Wct is applicable on Labour Job Work and what is the percentage?