Contact us   Feedback   Subscription   New User   Login      
Tax Management India .com
TMI - Tax Management India. Com
Extracts
Home List
← Previous Next →

Why Purchase Tax Paid if Purchase of Unregistered Deler

VAT and Sales Tax - Started By: - Mohd. Owais - Dated:- 12-2-2016 Last Replied Date:- 13-2-2016 - If i have ITC and Sale Inter State 2% then Why Deposit Purchase Tax on Purchase unregistered deler ??? - Reply By Ganeshan Kalyani - The Reply = ITC is different than the purchase tax. ITC can be adjusted against output tax whereas purchase tax is not on output on your end hence it is not ITC but however after paying purchase tax you can certainly tax the credit. - Reply By YAGAY AND SUN - The Reply .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

 

 

 

 

 



|| Home || Acts and Rules || Notifications || Circulars || Schedules || Tariff || Forms || Case Laws || Manuals ||

|| About us || Contact us || Disclaimer || Terms of Use || Privacy Policy || TMI Database || Members || Site Map ||

© Taxmanagementindia.com [A unit of MS Knowledge Processing Pvt. Ltd.] All rights reserved.

Go to Mobile Version