VAT 2006-07

This query is : Resolved

Pawan Patil (Querist)
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08 March 2008
Respected Sir,

I want know VAT set off on fixture & furniture for the financial Year 2006-07 ?if yes ?from which date fixture & furnite vat set off avail ?

Your quick responce will be highly appreciate

With best regards,

Vilas Choudhari

CA Hemant T Dewani

CA Hemant T Dewani (Expert)
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08 March 2008 THE SETOFF IS AVAILABLE FROM 05/09/2006 ONWORDS ON YOUR PURCHASES OF FURNITURE
RULE 53(7A) RETAINTIONS OF 4% OF VAT
IF VAT IS PAID SEPERATELY 12.5% THEN SETOFF IS AVAILABLE ONLY 8.5%

Pawan Patil

Pawan Patil (Querist)
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08 March 2008 Respected Sir,

Thankyou very much for immediate reply

with best regards,

Vilas Choudhari

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