Poonawalla fincorps
Poonawalla fincorps

vat benefit

This query is : Resolved 
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(Querist)
26 June 2010 say for example:

i purchase stationery of rs.100 and i pay vat rs. 4.20 gross amount of bill rs. 104.20

could itake benifit of vat?
what would be entry in tally?

note: i dint deal with stationery

thanks & regards

pradeep bhole
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Vishnu Saboo

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Vishnu Saboo (Expert)
26 June 2010 VAT credit not allowed unless it's your input.

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