Frnds,
In a manufacturing concern the VAT paid on indirect expenses like stationery purchase or elecrical maintainance etc can be claimed as input credit?
Frnds,
In a manufacturing concern the VAT paid on indirect expenses like stationery purchase or elecrical maintainance etc can be claimed as input credit?
no
I think Input Credit can be taken for Electrical Maintenance but not for Stationery Purchases.
CAclubindia
