Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...

What is ITC and on which goods we can claim it?

Answer Posted / mihir

ITC = Input Tax Credit.

This relates to the Purchase Tax paid by any dealer or
manufacturer on purchase of Stock in trade or Raw materials
to be used for manufacturing.

Is This Answer Correct ?    5 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

WHAT IS THE PROVISION FOR NET PROFIT & LOSS IN PVT LTD CO & LTD CO GIVE ME THE EXAMPLE WITH ENTERY ON MY EMAIL sonidilip87@yahoo.com

1964


what is procedure of calculation of TDS by bank?

2092


tds will be charged by hotel industry on what

1718


How many turnover company active TAN no applicable and how many deduction % of service.

1766


can we take 100% input of contractor service tax billing where service receiver have to pay 50% service tax

1724


when wct@8.75% is charged from the vendor. How much TDS has to be deducted against it??

2722


when i send goods out side the state against c form from gujarat to bombay which forms will have to required, where i get it & what process of to get it , please give me the answer on my e.mail sonidilip87@yahoo.com

2098


In TDS Challan, i had written the TAN No of my company wrongly and i file it to the Govt. what can i do now? is there any problem reg this? wat is my next step? shall i give any letter to TDS Circle in this regarding? how can i approach them? Kindly help me immdly with the procedure.

2553


We had paid TDS against rent in assessment year 2009-2010. But by mistake one of the pan no of the landlord was wrongly entered. Now the demand has been raised. Please advise how to correct the situation.

2005


In one year how many times tds, service tax, and Mvat is paid?

2766


HOW CALCULATE PARTERNERSHIP FIRM INCOME TAX ON NET PROFIT.

2217


sir, can you give me clarification briefly how to capitalized and which one capitalized

2146


Can any One Plz Help Me with TDS Charts & Filling? Plz Send Me All Details to My email Id: satish.0483@gmail.com Plz Its Asked to Me In My Interview Held In Coming 2 Or 3 Days

2019


what was the VAT rate on inverters(home ups) in karnataka on 2016??

1609


WHAT IS THE PROVISION OF INCOME TAX, SELF ASSESSMENT TAX AFTER AUDITING GIVE THE EXAMPLE WITH ENTERY

2244