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Issue ID: 111341
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ITC reversal due to jobwork

Date 09 Jan 2017
Replies1 Reply
Views 1409 Views
Asked by
Input tax credit reversal applicability to job work sales questioned under Gujarat VAT Act; further facts requested for assessment.
Whether input tax credit reversal of 4% is required under the Gujarat VAT Act for job work sales is the central query; the requester cites a commonly quoted judicial authority but provides limited transaction details, and the forum response sought further information rather than offering a substantive conclusion. (AI Summary)

Dear Sirs

I am based out of Ahmedabad. My question is wther ITC reversal of 4% required under Gujvat Act for job work sale ? I am tryin to find one jidgment of Madhusudan texturies which i see often quoted.

Thanks n Regard

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Replied on Feb 1, 2017
1.

Dear Parth,

Can you please more information on this matter, if possible?

Regards,

YAGAY and SUN

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