Input vat credit and f form

Virat Mohan (Mgr.) (24 Points)

19 September 2013

I wish to make purchases for my business in Delhi against a Tax invoice, add value and transfer to Haryana for the purpose of sale against F-Form.

Will I get the input tax credit in Delhi?

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2 Replies

RAJ KUMAR BHANDARI (FINANCE) (165 Points)
Replied 21 September 2013

INPUT TAX CREDIT NOT AVAILABLE, IF GOODS TRF. AGAINST FORM F.

Mohammad Avesh (Sr Officer (F&A)) (48 Points)
Replied 30 September 2013

Originally posted by : Virat Mohan
	under dvat rules, input tax credit is not possible for goods transfered to other state against f form, however for better tax planing you may directly purchase goods against c form from that state @ 2% or 1% whichever applicable instead of vat rate in delhi @ 5% or 12.5% or 20% whichever applicable