TMI BlogInput on vat paidX X X X Extracts X X X X X X X X Extracts X X X X ..... My issue relates to Delhi VAT Act.In case a proprietory concern buys raw material at delhi with delhi VAT and stock transfers the raw material to its own factory situated in excise free and income tax ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... i.e. u/s 80IB zone and then again stock transfer the finished goods from factory to delhi and then sells that finished goods to some party in delhi by charging delhi vat. issues are: 1. Whether the V ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... at input on purchase of raw material shall be available for utilization against the output vat of finished goods. 2. Whether the full vat on purchase of raw material shall be available for utilization ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... of output vat. 3. if the full vat is available for utilization, whether the 80IB deduction under income tax act shall also be available on purchase sale activity carried out at delhi. - Reply By Sur ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ender Gupta - The Reply = Since your query contains some technical issues, you need to contact someone who is expert in Delhi VAT. - Input on vat paid - Query Started By: - Sanjay Aggarwal Dated:- 2 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 9-1-2008 Value Added Tax - VAT-CST - Got 1 Reply - VAT and Sales Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - ta ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... xmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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