vat credit issue
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....at credit issue<br> Query (Issue) Started By: - pardeep bisht Dated:- 14-7-2010 Last Reply Date:- 15-7-2010 VAT + CST<br>Got 1 Reply<br>VAT / Sales Tax<br>please clear, vat credit is available on the....
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.... raw material partially used byself for manufacturing the product on job work for export oriented unit Reply By ANAND SHEMBEKAR: The Reply: Dear Sir, When you use the Raw Material for Job Work , I thi....
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....nk it become works contract and you have to pay the VAT . If you pay the vat as 12.5% on value of Materials used in works contract , you can take the VAT set off. If you charge 8% Vat under compositi....
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....on scheme on total value then you are eligible to claim vat set off 64% of eligible set off. Export oriented unit has to claim the refund from dept. Thanks ANAND SHEMBEKAR CELL 9209904370<br> Discu....
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