VAT INPUT TAX CREDIT

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..... VAT INPUT TAX CREDIT
Query (Issue) Started By: - MITSUI PRIME Dated:- 30-4-2014 Last Reply Date:- 5-5-2014 VAT + CST
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VAT / Sales Tax
Dear Sir, Good afternoon Please advice .....

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..... to us related to VAT . we are using elevators/escalators ( used in warehouse ) in such cases we are receiving services from Kone Elevator India Pvt Ltd. Japiur. he is charing VAT in their Inv. in sai .....

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..... d caes we can avail VAT Credit. :Nature of Service:- Works Contract Service - under Service VAT at the rate of 14 percent on 40 percent of base value. Pl.advice to us we can take credit of VAT (ITC .....

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..... ) Thanks for your co-operation in Advance. Arjun Sachdeva Mitsui Prime, Neemrana Reply By rishi mohan: The Reply: In the above case vat credit shall be allowed and available. Credit shall be ava .....

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..... iled in capitalized nature instead of normal vat credit. The credit shall be utilised till 36 months (3 years).
Discussion Forum - Knowledge Sharing .....

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