Whether we have to pass reversal entry of input vat credit taken on purchases in case of stock transfers?? if yes at wat rate and value??
Suresh
(CA Final Student)
(177 Points)
Replied 30 March 2010
The purchase rate aplicable to stock transfer also..
LIVE Course on Foreign Exchange Management Act (FEMA)(with recording)
LIVE Course on Foreign Exchange Management Act (FEMA)(without recording)