I want to ask yourgoodself about the taking of input of vat if we purchase goods from our local state(delhi) @ 12.5% and transferred the same goods to my branch at other state against form f than how much input we take in our account while filing the return or depositing the tax
22 January 2010
Very thanks for your reply but sir i find in the vat reconner about the reversal of 8.5% of value of goods wich is t/f aginst form f hence we have allow to get only 4% credit in case of 12.5% items and no credit is allowed in case of 4% items please look into this matter and pleae clerify the same and oblige Thanks
CAclubindia
