Reporting in VAT Returns, VAT + CST

[vignesh VSACCOUNTOPRIVATELIMITED]

Sir. Import of building materials like Tiles, under VAT for own consumption, should it be reflected in VAT Returns?

Posts / Replies

[Ganeshan Kalyani]

In my view, yes, it has to be furnished.

[Ganeshan Kalyani]

VAT being State subject, respective State's VAT Law need to be checked.

[YAGAY andSUN]

You may depict in your VAT returns. However, such tiles will form part of Building. This way it will not enhance your purchases since it is for own consumption.