purchase of capital goods inpur credit availing
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
26 February 2014
pls let me know as per vat act we are the manufacturing compay shall avail a input credit for capital goods.
regards
swaminathan
A/cs
regards
swaminathan
A/cs
26 February 2014
yes, normally ITC is avilable on CG. u must refer definition of CG and also section of ITC of ur state vat act
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