input vat credit of vat paid on purchase of import license, Customs - Exim - SEZ

[Dipneet Kaur]

trader is purchasing import license at discounted value charging vat on discounted value.

whether trader can claim input credit of vat paid under sales tax act.

Posts / Replies

[Pradeep Khatri]

Dear Dipneet Kaur,There is a condition attached to it that if it is purchased for further sales. Otherwise may be not.RegardsTeam YAGAY & SUN(Management & Indirect Tax Consultants)