Is tax to be paid to urd purchases in as per kvat
This query is : Resolved
Guest
Guest
(Querist)
29 May 2014
dear sir/madam,
is company is required to pay tax on urd purchases and can take credit.please answer to my question
is company is required to pay tax on urd purchases and can take credit.please answer to my question
29 May 2014
Hello,
Yes, the company has to pay VAT on goods purchased from a URD if those goods are taxable. And on paying, the same, can be taken as Input credit.
Regards,
Santosh G Kalburgi
Cost Accountant
9742022309
Yes, the company has to pay VAT on goods purchased from a URD if those goods are taxable. And on paying, the same, can be taken as Input credit.
Regards,
Santosh G Kalburgi
Cost Accountant
9742022309
Message likes :
1 times
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- REGARDING GST ON COMMERICIAL PROPERTY
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- GST on export of services and Input Credit
- ITC temporary reversal and reclaim
- TDS U/S. 194NF
- Applicable TDS rate for sale of property in Nov 2024
- Tds on building rent monthly
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
- Regarding einvoice taken on nil rated sales
- Strategical investment in Public listed company
Trending Online Classes
CAclubindia
