10 September 2014
Dear sir, For manufacturing company they are not claiming input vat credit on consumables like repairs simply they are charging to expenses .
11 September 2014
Input related to repairs i.e. on consumables and spares of capital goods is permitted. It can be claimed in the returns along with other purchases.....mjk
Querist :
Anonymous
Querist :
Anonymous
(Querist)
12 September 2014
ok thank u very much sir, Now as an auditor how can we report that
CAclubindia
