Easy Office
LCI Learning

Vat refund

This query is : Resolved 
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
02 February 2016 Will the VAT tax paid on exempted goods be refunded? and the input tax credit utlised for the payment of vat on exempted goods be revised?
plz answer my query
thank you
Profile Image

KAVIRAJA ADDANGADI

Profile Image

KAVIRAJA ADDANGADI (Expert)
02 February 2016 When you mention Exempted Goods Question of Input or Output will not arise.
Profile Image

Prakash Kochar

Profile Image

Prakash Kochar (Expert)
11 April 2016 On value addition vat liability will attract on exempted goods subject to condition. Exempted goods and tax free goods are different. If tax paid wrongly, revise returns.
Upgrade to CAclubindia Pro. Subscribe Now!


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


CCI Pro
Live Budget News and Updates

Trending Online Classes

view all classess
Let's Talk Money: You've Worked Hard for It, Now Make It Work for You
Click here for more bestsellers


Answer Query



Quick Links