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Treatment of input tax credit

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28 January 2014 stock transfer outside state on which vat has been paid at the time of purchase.vat liability??
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Vishnu Saboo

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Vishnu Saboo (Expert)
20 February 2014 this may vary state to state. however, if material which purchases from state and availed ITC and sold outside state, ITC reduction to be done. for knowing exact procedure, u must see ur state VAT act.

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