Please give the clarification A company applied for Vat Regn. on 21st July and got VAT Certification effective from Aug 1st, if the company purchase on 21st July whether they can claim the input or not as per AP Vat act.
srinivas (Commercial Officer) (25 Points)
24 January 2011Please give the clarification A company applied for Vat Regn. on 21st July and got VAT Certification effective from Aug 1st, if the company purchase on 21st July whether they can claim the input or not as per AP Vat act.
Pankaj Arora
(Learner)
(3134 Points)
Replied 24 January 2011
See date on vat registration certificate. You can take only input credit from the date of registration certificate.