Input on vat paid
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....nput on vat paid<br> Query (Issue) Started By: - Sanjay Aggarwal Dated:- 29-1-2008 Last Reply Date:- 31-1-2008 VAT + CST<br>Got 1 Reply<br>VAT / Sales Tax<br>My issue relates to Delhi VAT Act.In case....
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.... a proprietory concern buys raw material at delhi with delhi VAT and stock transfers the raw material to its own factory situated in excise free and income tax i.e. u/s 80IB zone and then again stock ....
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....transfer the finished goods from factory to delhi and then sells that finished goods to some party in delhi by charging delhi vat. issues are: 1. Whether the Vat input on purchase of raw material shal....
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....l be available for utilization against the output vat of finished goods. 2. Whether the full vat on purchase of raw material shall be available for utilization of output vat. 3. if the full vat is ava....
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....ilable for utilization, whether the 80IB deduction under income tax act shall also be available on purchase sale activity carried out at delhi. Reply By Surender Gupta: The Reply: Since your query co....
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....ntains some technical issues, you need to contact someone who is expert in Delhi VAT.<br> Discussion Forum - Knowledge Sharing ....
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