Hi,
I want to know if dealer purchases truck for transportation in building material supplier firm and he charge transportation charges to buyer
in this case can dealer take Vat Setoff on purchase invoice of truck?
Pramod (Proprietor) (27 Points)
03 November 2015Hi,
I want to know if dealer purchases truck for transportation in building material supplier firm and he charge transportation charges to buyer
in this case can dealer take Vat Setoff on purchase invoice of truck?
Ruchika Ravi
(CA Final Student)
(110 Points)
Replied 03 November 2015
According to me you cannot claim because you have purchased the truck for use and not for resale.
Pramod
(Proprietor)
(27 Points)
Replied 27 February 2016
Res Members
I want to know M- Vat Tax Rates for Sale
1.Whine Shop Retail Sale
2.Beer and Wine Shopee Retail Sale
3.Beer Bar & Reastaurant Sale for Consumption