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Input credit on car

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(Querist)
08 March 2014 we are running a partnetship firm which deals with trading of scrap. we bought a car for the cited business . now my question is whether the vat paid on car bought is eligible to claim input credit or not.
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Vishnu Saboo

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Vishnu Saboo (Expert)
08 March 2014 ITC is allowed on Inputs and capital goods.
see the definition of capital goods in ur state VAT act.

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