Input vat creidt

This query is : Resolved 

29 June 2012 Can we take a input VAT credit inrespect of VAT amount paid in hotel ?

29 June 2012 it is dependent on you method wether u r following credit system or lump sum system.

generally hotel takes lump sum system.

29 June 2012 we are following lumsum method at that time can we take that one as input credit?




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