Dear Friends,
Can i take VAT input credit, if the input is used exclusively for providing taxable service.
CA Navin Jain
(MANAGER (FINANCE & ACCOUNTS))
(11768 Points)
Replied 18 August 2010
you can not take the vat input credit. but you can take service tax input credit
J.MEENAKSHI SOWBARNIKA
(Chartered Accountant)
(92 Points)
Replied 18 September 2010
NO YOU CANNOT TAKE .SERVICE INPUT CREDIT IS DIFFERENT FROM VAT INPUT CREDIT
25 Hours GST Scrutiny of Return and Notice Handling(With Recording)
Survey, Search and Seizure under Income Tax Act 1961