Easy Office
LCI Learning

VAT ON TAX FREE GOODS

This query is : Resolved 
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
06 January 2011 SIR,

IN THE COMPANY WE PURCHASES TAXABLE GOODS 10000.00 RS. TAX 400.00 4% USE FOR FINISHED GOODS ALL FINISH GOOD SALE TAX FREE. PL TELL ME WHAT IS STATUS OF INPUT TAX & HOW MANY RS. PAY FOR TAX IF OUR OUTPUT TAX 0.00

THANX IN ADVANCE

SUSHIL SHARMA
Profile Image

CA Shailesh Kumar Bhagat

Profile Image

CA Shailesh Kumar Bhagat (Expert)
06 January 2011 Input tax to be paid fully, and It is not refundable.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


CCI Pro
Live Budget News and Updates

Trending Online Classes

view all classess


Answer Query



Quick Links