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?
Virat Mohan (Mgr.) (24 Points)
19 September 2013I 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?
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 | ||
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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 |
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