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Vat credit on airconditioner

This query is : Resolved 

30 November 2009 sir,

Pl.clarify whether VAT Credit on airconditioner purchased for lab/factory can be claimed under TNVAT rules.

30 November 2009 As per clause (c ) of sub-section(7) of section-19 of the TNVAT Act,2006 No registered dealer shall be entitled to input tax credit in respect of purchase of air-conditioning units unless the registered dealer is in the business of dealing such units.
thus ITC cannot be claimed on this



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