mohit (accountant) (53 Points)
09 June 2011A client who pays monthly xerox bills to a shop. The bill charged is including 5% vat on xerox amount. so i want to know that is VAT chargeable on xerox, at what rate and what provision or section is apllicable.
The shop owner tells that since he is selling the paper on which Vat has been charged, in the form of xerox, Vat is applicable.
C.A. Sandeep Wawhal
(CA, PGDFM, BCom)
(1831 Points)
Replied 09 June 2011
Yes vat is applicable and you also can get set-off thereof.
Lalit Kumar
(Vice President )
(2213 Points)
Replied 09 June 2011
CA. Roopali Kadam
(Jobs on assignment basis.)
(1459 Points)
Replied 16 June 2011
yes u can claim full set off of vat.
even if included in bill vat amt should be separately shown in the bill
CAclubindia
