Reg Vat on job work charges
This query is : Resolved
07 October 2010
Dear All
Please clarify my doubt.
we are doing leather trading business and we buy raw skins and will send it to job work for conveting sheep wet blue skins. now they are sending job work bill with Vat @ 4%. can i adjust this vat in my Input Vat?
Please clarify my doubt.
we are doing leather trading business and we buy raw skins and will send it to job work for conveting sheep wet blue skins. now they are sending job work bill with Vat @ 4%. can i adjust this vat in my Input Vat?
09 October 2010
Hi
Since the JOB WORK is exempted from (VAT)
VAT is chargable only when the goods is sold to the buyer,customer etc.
therefore for JOB WORK there is no VAT
still your JOB worker isadding VAT on the invoice, you are elgibale to cliam input VAT
Since the JOB WORK is exempted from (VAT)
VAT is chargable only when the goods is sold to the buyer,customer etc.
therefore for JOB WORK there is no VAT
still your JOB worker isadding VAT on the invoice, you are elgibale to cliam input VAT
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