05 December 2009
dear experts ! we have purchase 4 % vat able goods from Urd. we have to raise to our own purchase bill. whether we will charge tax separately as usual course in purchase bills. or without any tax please also tell us the input on such purchase can be adjusted from output vat if yes then what will be the time period. under u.p. vat thanking you
05 December 2009
If you have purchased from a URD within same state, there is no available Input VAT for you to set off in your bill. You will charge the VAT and deposit all of it with the Commercial Tax Department.
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