Vat registration ...? & cenvat input
This query is : Open
Querist : Anonymous
Querist :
Anonymous
(Querist)
23 August 2016
Dear Sir,
One of new company " X " buying machinery/ or etc., from " Y ". in this case Y is having VAT registration, excise registration. However, X business in future is only service providing and no sales. In this case for " X " can avoid VAT registration and no input will be taken by " X " and tax liability will be cleared by " Y ".
Moreover, cenvat credit can avail by " X " please clarify.
With Regards,
Narasimhan
One of new company " X " buying machinery/ or etc., from " Y ". in this case Y is having VAT registration, excise registration. However, X business in future is only service providing and no sales. In this case for " X " can avoid VAT registration and no input will be taken by " X " and tax liability will be cleared by " Y ".
Moreover, cenvat credit can avail by " X " please clarify.
With Regards,
Narasimhan
Querist : Anonymous
Querist :
Anonymous
(Querist)
09 September 2016
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