Dear Members,
Is Input Credit Available on the items purchased for the purpose of Export Sales
6 Replies
ashish gupta
( student)
(1922 Points)
Replied 10 November 2011
Input Credit is not available on this situation. But you can buy the items to be exported against Form-H / Form-D and you dont need to pay any VAT.
Harshal Fifadra
(Chartered Accountant)
(1489 Points)
Replied 10 November 2011
Correct explaination by Ashish Gupta ....
Sourav Modi
(Learner!)
(306 Points)
Replied 10 November 2011
rajesh ghatad
(Sr. Account Manager)
(27 Points)
Replied 19 November 2011
correct , i am agreed on the above statement.
thanks for the reply.
Shankar Reddy.V
(Tax consultant)
(81 Points)
Replied 21 November 2011
input tax credit is available(refundable) on purchases made for export purpose in karnataka VAT
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