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Input tax Credit of Capital Goods

This query is : Resolved 

02 February 2010 I have taken a commercial vehicle (tempo) registered in Dadra and Nagar Haveli and have paid VAT Amounting to Rs 1.10 lacs approx. Can I get a credit for this against my normal goods? I am into the business of Polyester Yarns..

Experts please help...

03 February 2010 its a capital goods in delhi 33% vat per year. but see your state vat rule.



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