This blog for vat Tax forum
we are soon coming with vatTaxforum.com
Basically this is about vat tax being implemented in Pakistan and in other countries.
People can discuss and share there ideas and comments
about VAT TAX
Value Added Tax
Saturday, May 22, 2010
What should be done in case goods are returned from purchaser to seller?
What should be done in case goods are returned from purchaser to seller?
Answer: Input tax adjustment is admissible in cases where supply is canclled as laid down in section 29 of the Federal VAT Bill, 2010.
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