Vat input

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

11 September 2011 Dear Sir,

If we purchase from an unregistered dealer and he prepares a retail invoice and charges VAT, We are a registered dealer can we avail input credit of that vat ?

CA Rajeev Bansal

CA Rajeev Bansal (Expert)
Follow

11 September 2011 No, you cannot avail input credit of that Vat because that dealer is unregistered.

if that dealer got himself registered then you can claim the input cerdit

Querist : Anonymous

Querist : Anonymous (Querist)

11 September 2011 thanks rajeev sir

Upgrade to CAclubindia Pro. Subscribe Now!