Vat on purchase for export of material

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preet prakash (Querist)
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27 June 2016 Hi All
For an exporter - input vat on packing material - should claim vat refund or should debit the whole amount as expenses???????
thxn
preet

Rupesh Jain

Rupesh Jain (Expert)
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27 June 2016 its depend on the vat act, if you are making the export outside the india.

preet prakash

preet prakash (Querist)
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27 June 2016 didn't follow, kindly clarify, i am exporting from Maharashtra, buying locally!!!!!!!!!!!

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Murtaza I Bhagat

Murtaza I Bhagat (Expert)
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27 June 2016 When you filed VAT you will have to write sales as exempted from tax and shown output tax as NIL and on the other hand you have collect purchase invoice including VAT input tax which was paid by you. so while filling vat return you tax liability will be refundable or carry forward. i.e output - input = excess payable or input - output = excess refundable or carry forward.

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preet prakash

preet prakash (Querist)
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30 June 2016 r u sure that i can claim refund????????