I want to ask that In U.P., if any purchaser purchase Raw Material for Manufacutring purpose from un-registered dealer, in this term purchaser shall have to pay Tax as applicable 4%/12.5% as product to the department and after depositing the tax on purchasing, can he avail the benefit of this deposited tax on purchased agst. Sales Tax Payable (recovered, if yes please guide me and tell me that what is procedure (I mean which is form).
01 June 2009
if u r puchasesing material from URD, u hav to pay Purchases Tax, and you can claim as input VAT credit. see the return format, u will find the place, where u can claim the same.
CAclubindia
