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ITC on Purchse of Payloader


07 January 2011 Our company which is engaged in manufacturing of Sponge Iron had purchased one payloader (Capital Goods), on which I claimed ITC.
On assessment, the assessing officer had denied the ITC. Kindly help.

09 January 2011 there are deffirent paramiters under VAT laws and very state to state, volume of tax and / or volume of turnover.



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