TREATMENT OF INDUSTRIAL INCENTIVES
I have a tax deferment, how will I be affected under VAT?
What if in a given tax period my input tax exceeds output tax?
What is the position if I have a tax deferment and make export sales where the input tax exceeds the output tax?
I currentrly benefit from a tax holiday, how will I be affected under VAT ?
What if my input tax exceeds out put tax or if I make international exports?
What happens to the tax liability of the earlier years which arises after 01-04-2005 ?
What if I am eligible for deferment for one product and not eligible for another product?
What records are required to be maintained by me?
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