Reversal of VAT ITC in case of Branch transfer - Andhra Pradesh VAT Act

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Sir, Both the clinker and Cement (OPC 43, OPC 53, PPC) will be transferred as branch transfers. In case of reversal of ITC of Inputs, formula adopted is <!--[if !supportLists]--> 1) .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... <!--[endif]--> BT Ratio on Cement = Branch Transfer of Cement x VAT ITC / Total Cement Sale/Trf. In case of certain raw materials us .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ed only for PPC, whether the total Turnover of only PPC is to be considered or the total Cement (OPc 53, OPC 43, PPC) is to be considered? - Reversal of VAT ITC in case of Branch transfer - Andhra Pr .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... adesh VAT Act - Query Started By: - Aitha RajyaLakshmi Dated:- 20-4-2017 Value Added Tax - VAT-CST - VAT and Sales Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opin .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X