Hi All, Please help me in dis...... I am working for Service Entity.... we have purchased Furniture for office purpose, in this tax Invoice they have Charged us VAT of Rs-23000/-
Can I claim Input tax under Service Tax Because We Do not File Sales Tax? what happens if we have to file Sales Tax also?
And Please Correct me if i wrong i have passed entry in our books
Furniture a/c dr xxx
Input Tax ac dr xxx
to Sundry Creditor xxx
sundry creditor a/c dr xxx
to bank xxx
Can I claim Input tax under Service Tax Because We Do not File Sales Tax? what happens if we have to file Sales Tax also?
And Please Correct me if i wrong i have passed entry in our books
Furniture a/c dr xxx
Input Tax ac dr xxx
to Sundry Creditor xxx
sundry creditor a/c dr xxx
to bank xxx