05 March 2011
IAM PURCHASING 100000 AND TAKING INPUT FOR URD PURCHASE 13500 AND SELLING IN SAME MONTH FOR 110000 AND CHARGING VAT ON WHOLE AMOUNT FOR 14850. AND SAME OUTPUT AMOUNT 14850 MY DEALER CAN TAKE INPUT CREDIT? MY 2ND QUESTION IS HOW MUCH TAX HAS TO PAY TO THE S.DEPT 14850 OR DIFF AMOUNT 1350 PLS ANSWER ME
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