pls suggest that can we avial the vat inputs on furnance oil if charged @4%. if we can avial then pls refer circular no. if any.
Input of VAT on Furnace
pardeep bisht
Discussion on VAT Input for 4% Furnace Oil: Importance of Detailed Queries for Effective Solutions A participant in a discussion forum inquired about the possibility of availing VAT inputs on furnace oil charged at 4%, seeking any related circular references. One respondent advised consulting a local VAT consultant due to state-specific variations in VAT regulations. Another respondent emphasized the importance of providing detailed information about the issue to facilitate meaningful discussion and knowledge sharing. They highlighted that without sufficient details, readers might not engage seriously or provide useful solutions. The forum aims to foster learning and clear doubts through informed discussions. (AI Summary)
TaxTMI
TaxTMI