aishwarya s raghavan (student) (224 Points)
10 January 2013
there is no one to one connection needed in case of VAT, you can take VAT input of Hotel and Restaurant Bills only if the bill is on the Company's name.
There is no specific case study on this but as far as i learnt VAT inout can be taken.
https://www.indiantaxupdates.com/2012/12/24/when-service-tax-is-charged-on-restaurant-bills/
Sonu Kumar
(Account Manager)
(665 Points)
Replied 10 January 2013
I think we Can Not Claim Vat Input Credit on HSD Bill, Expenses On Labour and Employee..... So no Vat Input Credit Available in Above Case
aishwarya s raghavan
(student)
(224 Points)
Replied 10 January 2013
| Originally posted by : Sonu Kumar | ||
 |
I think we Can Not Claim Vat Input Credit on HSD Bill, Expenses On Labour and Employee..... So no Vat Input Credit Available in Above Case |
 |
can u please quote any reference of the Act or any case alw???
Sonu Kumar
(Account Manager)
(665 Points)
Replied 10 January 2013
No VAT credit is allowed in case of some of the commodities because these goods are either not meant for resale or the goods are allowed to be sold only once and such goods are called non-creditable or non-vatable goods and the list of such goods differs from State to State and some of such items are as given below:
(i) All automobiles including commercial vehicles, and two and three wheelers, and spare parts for repairs and maintenance and tyres and tube thereof;
(ii) Fuels in the form of petrol, diesel, kerosene, LPG, CNG, PNG and coal;
(iii) Food for human consumption;
(iv) Beverages for human consumption;
(v) Air conditioners, air conditioning plants or units other than those used for manufacturing purposes; air coolers, fans and air circulators;
(vi) Goods for personal consumption or for gifts
GSTR 9 and 9C for FY 23-24 as amended by Notification 12/2024 dated 10th July 2024(with recording)
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