RESPECTED SIR /MADAM
I Would like to know can i take retention on kitchen equipment on which vat is charged 12.5%?
waiting for yr reply
Thanks & Regards
Aparna Sutar (STP)
Prabeer
(B. COM (H) CA & CS Final)
(5484 Points)
Replied 11 December 2009
Can u pls explain ur query?
And what is "retention" in this context?
aparna
(GST PRACTITIONER)
(51 Points)
Replied 11 December 2009
Dear Sir
my client has purchased kitchen equipment for their branch office in kandivali for business use. & vat is charged 12.5%. now i have to claim set-off on that purchase. so i would like to know can i take retention @ 3% ?
thanks & regards
aparna
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