For the purpose of vat understandability
Pradipsinh Vaghela (7 Points)
04 January 2017Pradipsinh Vaghela (7 Points)
04 January 2017
B Siva
(Student)
(104 Points)
Replied 04 January 2017
In order to avail Input Vat credit the goods should be purchased from a registered dealer. Therefore, in order to issue a vatable invoice you shoud be a registered dealer then only the purchaser can claim input Vat credit.
CA Devesh Bisht
(Chartered Accountant)
(258 Points)
Replied 05 January 2017
You need to get yourself registered under state laws, Only then you can issue tax invoices eligible for input tax credit..