VAT Interview
by ASHWANI KUMAR on Mar 18, 2005 04:50 PM Permalink

I am a software professional.I am not getting exactly

as to at which stage we have to credit Input tax as used and paid for raw materials.In Invoice we can't

ask the person who is billing, to compute input tax

used in raw materials and credit in the account,because it may or may not carry any meaning

for him.

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