Poonawalla fincorps
Poonawalla fincorps

List Of Capital Goods on which Input Credit Can be taken

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Querist : Anonymous

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Querist : Anonymous (Querist)
03 January 2011 Dear All,

Anyone can give me the list of capital goods on which input vat can be taken and also how much retention can be taken on it
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Ram Avtar Singh

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Ram Avtar Singh (Expert)
03 January 2011 Other than input raw material every items used in manufacturing of final goods and plant and machinery except Diesel, Grease,LDO,you can take 33% input vat in three year.

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