Input tax credit
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
31 May 2011
If a Car Dealer purchases certain accessories from a wholesale dealer and he gets the tax invoice in 8B form,is he eligible for cen vat credit
01 June 2011
Accessories are not part of the car so it will not be valued with the value of the car, beside for cenvate credit there must be manufacturing process and only by adding the accessories manufacturing process is not happened so the dealer is not eligible.
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