Just a moment...

Report
FeedbackReport
Bars
×

By creating an account you can:

Logo TaxTMI
>
Feedback/Report an Error
Email :
Please provide your email address so we can follow up on your feedback.
Category :
Description :
Min 15 characters0/2000
TMI Blog
Home / RSS

Availing Input Tax Credit for Export of Exempted Goods under VAT

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....vailing Input Tax Credit for Export of Exempted Goods under VAT<br> Query (Issue) Started By: - SWAMINATHAN RAMANATHAN Dated:- 6-9-2013 Last Reply Date:- 7-9-2013 VAT + CST<br>Got 2 Replies<br>VAT / ....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....Sales Tax<br>As per TNVAT Act, the pesticides are exempted. The pesticides are getting exported to other countries. Presently Packing Material are procurred with VAT for Export . Kindly clarify whet....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....her is it possible to claim ITC on Packing material procurred for Export. If not what is the proceedure to claim the refund or what is the form to be submitted to packing material supplier for not imp....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ose VAT on their invoice. Reply By MANDAVILLI RAMAKRISHNA: The Reply: show the input when you are purchasing. When exported, show the exports sales in exempted column and show tax as zero. accord....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ingly the input can be claimed to be adjusted against other tax liability or can be claimed as refund. but you have submit proof of receipt of forex and documentary evidence for export. Reply By SWAM....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....INATHAN RAMANATHAN: The Reply: Thank you sir.<br> Discussion Forum - Knowledge Sharing ....