Disallow of Input vat, VAT + CST

[MANOJ KUMAR]

Dear Sir,

Good afternoon.

My query is that is input disallow if by product is exempt. such as if when we process the wheat in mill we got Atta, Suji, Maida, Rawa and Choker but in case Atta, Suji, Maida and Rawa is Taxable in verious states but Choker is exempt.in this case input vat disallow in ratio of choker?

Pls answer me as soon as possible urgent basis

Posts / Replies

[YAGAY AND SUN]

choker is a by-product hence no need to reverse the proportionate input tax credit under HVAT Act, 2003