Allow input tax credit
Querist :
Anonymous
(Querist) 10 September 2011
This query is : Open
WE ARE PURCHASE THE RAW MATERILS FOR OUR MANUFACTURING PROCESS LOCALY IN WEST BENGAL THROUGH LOCAL TRANSPORTER. AT THE TIME OF ASSESSMENT UNDER VAT ACT THE CONCERNED OFFICER ARE DISALLOW THE CREDIT OF THE PURCHASE VAT (INPUT VAT) DUE TO NON AVAILABLE OF TRANSPORT DOCUMENTS LIKE CONSIGNEMENT NOTE. WE SUBMIT A SUBMISSION ALONG WITH THE TRANSPOTER'S BILL THAT DUE TO LOCAL PURCHASE WITHIN THE STATE THROUGH THE LOCAL LORRYWALA SO WE ARE NOT IN A POSITION TO SUBMIT THE CONSIGNMENT NOTE. WE PURCHASE THE MATRERIALS FROM THE PARTY CONCERN AS EX-WORKS BASIS. PLEASE HELP ME ALSO INDICATE THE CASE LAW IF ANY REGARDING THE MATTER THAT WITHOUT TRANSPORT DOCUMENTS THE INPUT VAT ARE NOT ALLOWED.
WITH REGARDS
AJOY
