Vat credit to beauty parlour

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Querist : Anonymous

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Querist : Anonymous (Querist)
17 April 2012 Hello sir/Madam,
I want to know
whether a beauty parlour can avail VAT Credit on raw material purchased from local dealer against the vat charged on the products sold by the parlour.

17 April 2012 Vat credit is allowed to you only if you are not opting for any composition scheme under Vat law.

18 April 2012 YEs var credit will be allowed only if you are registered dealer




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