Input vat credit
CA CS Manmath Thakur (CA, CS, M. Com.) (71 Points)
03 February 2017CA CS Manmath Thakur (CA, CS, M. Com.) (71 Points)
03 February 2017
CA Karan Sathe
(CA )
(564 Points)
Replied 03 February 2017
In most of the cases they demand because they think that ITC is taken on the basis of bogus purchases. but if your case is genuine you can claim ITC by showing TAX INVOICE, PAYMENT DETAILS. in the reply to sales tax officer submit tax invoice, ledger,payment details. he will allow the same.
CA CS Manmath Thakur
(CA, CS, M. Com.)
(71 Points)
Replied 03 February 2017
Thanks for giving reply .....