VAT CREDIT - MANOJ
This query is : Resolved
27 June 2011
SIR,PLS,GUIDE ME
if we buy TRACTOR on proprietors name & used the TRACTOR in proprietory firm,can we get vat credit of the tractor as per MVAT ACT IN THE FIRM
if we buy TRACTOR on proprietors name & used the TRACTOR in proprietory firm,can we get vat credit of the tractor as per MVAT ACT IN THE FIRM
27 June 2011
According to me anything purchase which is used for the business purpose than the duty paid in such purchase can taken as credit.
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