06 December 2016
hello, A company is registered under delhi vat, up vat, punjab vat, haryana vat, it is purchasing taxable goods against tax invoice from all the state and company is registered and situated in delhi,,, my question is can company claim input credit on purchase from up,haryana, punjab as it is registered under these state vat???
what to show the vat paid on purchase in books ???
06 December 2016
VAT can be claimed by the Company for purchases within the state only e.g. Haryana VAT can be claimed by the Company for purchases in Haryana and can be adjusted against the sales made from Haryana. Company can not claim Haryana VAT credit e.g. in Delhi