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VAT Input credit

This query is : Resolved 
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(Querist)
15 October 2009 Dear All,

Please let me know, can we get 100% VAT credit at singal point, on Capital Goods purchase in Chennai
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Ram Avtar Singh

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Ram Avtar Singh (Expert)
15 October 2009 ON CAPITAL GOODS INPUT VAT 33% IN THREE YEARS IN DELHI SEE YOUR STATE VAT RULE.
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CA SANJAY MUKHERJEE

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CA SANJAY MUKHERJEE (Expert)
15 October 2009 Agree with expert Singh and as per Sec 19(3)(b) of Tamil Nadu vat Act'2006 it would be available over a period of three years if such capital goods are used for the business of taxable goods under VAT.
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