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Issue ID : 111058
- 0 -

Tax applicable in packing

Date 23 Oct 2016
Replies1 Answers
Views 1030 Views
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If we are branding a product then the input tax of purchasing a packing material will get deducted in VAT returns or it will be a company expense.

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Replied on Oct 24, 2016
1.

Input tax credit is eligible provided output is taxable.

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