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Vat paid on capital goods

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(Querist)
13 September 2013 DEAR ALL EXPERTS

my company buy machine as local vender & vender charge Vat - 4 % so who utilized vat aginst vat sales or in signal time i use my input credit of capital goods aginst vat liability.

& reply with example if anybody have
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CA Pallav Singhania

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CA Pallav Singhania (Expert)
13 September 2013 You can use your Vat credit on Capital goods against ur Vat liability.. subjected to 36 months..

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