Credit of VAT
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
30 April 2011
Sir,
we have a branch in Banglore having separate registration in banglore sale tax from where we purchase goods n transfer the goods to the HO in delhi against F form. Goods are sold in delhi. can we take the input vat credit on purchase and adjust the same to the output in delhi.
we have a branch in Banglore having separate registration in banglore sale tax from where we purchase goods n transfer the goods to the HO in delhi against F form. Goods are sold in delhi. can we take the input vat credit on purchase and adjust the same to the output in delhi.
05 May 2011
No. as per section 11(2) and section 11(5) of the karnataka VAT Input tax credit cannot be taken this situation,
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