2% reduce input tax credit mathod in vat act
rajeshree h oza
(Querist) 05 September 2013
This query is : Resolved
respected sir or madam
plz inform me about which mathod reduce input tax credit
example:my clientis registerd dealer under gujarat value added tax act and sale and purchase lubricant total sale 500000rs (in gujarat sale 400000rs and 100000rs ogs sale)total purchase 500000 (gujarat purchase 350000rs and ogs purchase 150000rs)how much rupees tax credit reduce and which mathod reduce thankyou dilip sir you give me argent answer
DILIP KUMAR AAGARWAL
(Expert) 05 September 2013
please explain in deatil.whether you are registered dealer and how much tax your have charged.what is your rate of tax on goods you deal in.what does ogs stand.
Rajendra K Goyal
(Expert) 06 September 2013
The information sought by the expert need to be replied first.
DILIP KUMAR AAGARWAL
(Expert) 06 September 2013
With due respcet to the comment of expert Rajendra K Goyal but what is the reason not mentioned.I have not understood the query so I have sought some information.if it is rule in this forum then i will not going repeat the same but for my satisfaction if Ld.expert explain then it will be nice for me for my future reference. please.
Rajendra K Goyal
(Expert) 08 September 2013
Expert DILIP KUMAR AAGARWAL ji,
my advise was for the author of the query rajeshree h oza to give the details sought by you. It seems, I could not convey properly or taken otherwise, my intention was not to hurt feelings in any way.
Raj Kumar Makkad
(Expert) 09 September 2013
Supply the information sought by Mr. aggarwal prior to satisfaction of your query.