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Input credit

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(Querist)
14 February 2014 dear sir/madam,

Mr.A is a register dealer in Tamilanadu, he purchased goods @5% with in the state, and he sold with in state after some changes @0%(zero rate).
my query is- is he claim input credit on the goods purchase against his total output?

thanks & regards,

siva
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Vishnu Saboo

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Vishnu Saboo (Expert)
17 February 2014 Normally, tax credit cant be avail on such material where output tax on output is exempted.
you must refer ur state VAT act.

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