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expenses for payments

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(Querist)
15 July 2010 how to deal with the expenses made for clients like gifts for them and can we take credit of vat on such purchases?
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CA. BIJENDER KR. BANSAL

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CA. BIJENDER KR. BANSAL (Expert)
15 July 2010 VAT can be taken only that purchase which is related directly or indirectly with mfg of final product.
Credit of VAT on gift can't be taken .

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