Vodafone Idea Indirect Tax Specialist Interview Questions and Answers

I am a dedicated Indirect Tax Specialist with 5 years of experience in managing VAT compliance and providing tax advice to clients.

• 5 years of experience in indirect tax management

• Expertise in VAT compliance and tax advisory services

• Strong analytical and problem-solving skills

• Ability to communicate complex tax concepts to clients

• Experience working with multinational corporations

Input credit working is a mechanism where businesses can claim credit for taxes paid on purchases used for furtherance of business.

• Input credit can be claimed on taxes paid on goods and services used for business purposes

• The credit can be used to offset the tax liability on output supplies

• Input credit cannot be claimed on goods and services used for personal purposes

• Example: A business purchases raw materials and pays ...read more