TaxTMI 
TaxTMI 
Inputs As Such Clear
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....nputs As Such Clear<br> Query (Issue) Started By: - Avinash Bhavsar Dated:- 23-2-2012 Last Reply Date:- 24-2-2012 VAT + CST<br>Got 2 Replies<br>VAT / Sales Tax<br>Dear Sir, Our unit is situated in N....
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....ashik (Maharastra), Inputs received us from Umargaon (Gujrath). The Material is Exempt from VAT the VAT is Nil. The Inputs as such clear in Nashik to other party the VAT is Nil or regular VAT tax rate....
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...., Kindly guide us. Tahnks & Regards, Avinash Bhavsar Reply By Pradeep Khatri: The Reply: Removal of inputs as such will not attract any VAT if the inputs are exemted from payment of VAT. Reply By....
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.... Vivek Harsh: The Reply: When input goods are cleared as such credit on such goods to be reversed. When input good itself are exempt from vat question of reversal do not arise.<br> Discussion Forum -....
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.... Knowledge Sharing ....