01 May 2017
For example- if a assessee buy a product Rs. 100 and also he paid to tax 14.30% and after that he can sale the product interstate 2% which he can claim input tax credit how?
02 May 2017
My point A businessman buy a product Rs. 100 for example he charge a tax 14.30% means that the amount will be charge 114 total then after he can sale interstate a product Rs. 102. now he arrise a question there is any benefit regarding transaction under vat.
CAclubindia
