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Purchase tax

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Querist : Anonymous

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Querist : Anonymous (Querist)
28 August 2017 I HAVE SOME URD PURCHASE IN MONTH OF JULLY
I THIS COMMODITY I HAVE SALES AND PAID TAX AS PER RATE
NOW MY QUESTION IS CAN I TAX ON URD PURCHASE FIRST
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CMA. CS. Sanjay Gupta

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CMA. CS. Sanjay Gupta (Expert)
28 August 2017 On URD purchase in excess of Rs 5000 in a day you need to pay Tax under reverse charge and then you can also take ITC for same.

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