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Buy car

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(Querist)
08 July 2013 If we buy the car for company name. that car will be taken as input credit r not. we taken an assets.i will pay the tax r not.
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
09 September 2013 no. capital goods not eligible for input. how ever refer your state VAT act

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