Can purchase from unregistered dealer liable to pay Input VAT under gujarat VAT Act in case of 100% export oriented unit? if yes than can he claim refund?
13 June 2014
Tax exemption for EOU can be on Export, if sale being made in DTA, i dont think it may be exempt, ITC can be claimed, but ensure that output good is not wholly exempt from tax.
14 June 2014
if unit is exempted, ITC can be availed, but before it u must see the conditions on account u getting exemption. so my advice is to consult competent authorities before availing ITC, since wrong availment of ITC attract high penalty and interest.
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