Input vat credit on closing stock
This query is : Resolved
14 September 2012
Sir,
whether we can take input vat credit on material which is not consumed or closing stock in haryana state in a particular year or is there is any notes on this topic kindly provide
whether we can take input vat credit on material which is not consumed or closing stock in haryana state in a particular year or is there is any notes on this topic kindly provide
14 September 2012
In VAT, there is no concept of one to one relation.
you can get the input tax credit of vat on goods in closing stock
you can get the input tax credit of vat on goods in closing stock
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