We have purchased machines within the state and want to transfer to our branch located outside of the state. What will be the impact on VAT credit availed at the time of purchases as per Maharashtra VAT?
1 Replies
CA Ravish Trivedi
(The Possibilities are Infinite...)
(772 Points)
Replied 14 January 2010
You need to reverse the ICT in case you will transfer the goods to outside of maharashtra.
Recent Topics
- Json file error upld
- Conversion of format of corporate entity
- INPUT OF RCM Deposit through DRC03
- Refund of cash ledger amount
- Security services RCM Body Corporate
- GST and income tax for freelancers
- Association of Persons (AOP) agreement format requ
- I passed CA inter Group2 under the wrong gender
- Additional place of business to change as main pla
- Section 142[1] of IT Act notice
Related Threads
Trending Online Classes
-
Excel Mastery Program
CA Rishabh Pugalia
CAclubindia
