Credit on Capital Goods Purchased

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Hi Friends,

I m working on Oracle App. We are having VAT Return Report. In that report Cerdit on Capital goods is deducted from Debit, two times. Is there any specific reason behind this?

Pls do reply, its urgent.

Thanks in advance

Replies (1)

Dear Prathmesh,

                                        VAT is an state tax and  VAT Credit on the Capital goods changes statewise. please write me your problem in detail in my email id sachinagarwalcallb @ gmail.com

 


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