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Input vat credit on testing sticker.

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(Querist)
25 May 2012 Is Input Vat credit will be available on Stickers used to show that the product is Tested ok.
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CA CS Pawan Jajoo

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CA CS Pawan Jajoo (Expert)
25 May 2012 yes set off is available on expenses debited to P & L , Provides the commodity on which sticker is pasted should be taxable. Else proportionate setoff will be allowed
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CA SUMIT SAPRA

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CA SUMIT SAPRA (Querist)
26 May 2012 the commodity on which sticker is pasted is taxable commodity.
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