dvat

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

15 November 2010 There is no need of reversal of input credit when the goods are transferred from Delhi to some other state because when you will sell these goods you have to pay the VAT in that state, so you can take the full Input credit in Delhi.

B R Ramesh

B R Ramesh (Expert)
Follow

15 November 2010 Hi

Yes
when you purchase the goods locally you can avail the input credit

if you transfered the goods (stock transfer)
that state will be VAT is payable & they need to issue the F Form