Poonawalla fincorp
Poonawalla fincorp

Input tax credit selling ???

This query is : Resolved 
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(Querist)
21 June 2014 Can input tax be sold to another company
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Nikhil Kaushik

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Nikhil Kaushik (Expert)
21 June 2014 dont think such trading has been sanctioned yet...
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CA UMESH DULAL

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CA UMESH DULAL (Expert)
21 June 2014 some dealer sells the tax invoice by converting retail sales into tax invoice sales
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Rupesh Jain

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Rupesh Jain (Expert)
23 June 2014 input tax cannot tfr or sales it is claimable by the buyer and he can adj/ agst his liability or get the refund from the deptt. when he close the bunisess.

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