Vat Dealer gets Input of

  • Vat on Purchases
  • Vat on Capital goods (1/3)

No Input Available of

  • Vat on Expenses
  • Excise
  • Service Tax
  • Fixed Assets used in Office
  • CST

Q7

Summary - Input Vat Admissability

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  1. Tax Practical
  2. Practical VAT CST

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CA Maninder Singh
CA Maninder Singh is a Chartered Accountant for the past 8 years. He provides courses for Practical Accounts, Taxation and Efiling at teachoo.com .