One of my client's end product is tax free(VAT). However he has input VAT credit he is unable to set off as his product is tax free.. Can he get refund of the input tax credit.. Pls help me out on this issue...
RAJU
(LEARNER)
(1089 Points)
Replied 25 June 2009
No, Input tax paid for manufactureof output being exempt, is not eligible for credit, unless they are exported. I am sure the position is same across all the States.
P R KEJRIWAL
(Vice President)
(40 Points)
Replied 26 June 2009
Yes input credit is avaialble in Maharshtra subject to certain conditons. Call me for the same.
Adv Pawan Kejriwal
9322283578
Girish.s.Sundar
(Student)
(47 Points)
Replied 27 June 2009
Boss help me about the case in TNVAT????????
P R KEJRIWAL
(Vice President)
(40 Points)
Replied 27 June 2009
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