basic condition for elifibility of vat credit


19 June 2009 what is defination of Capital goods. what are conditional for availing vat crdit on capital goods. on consumables which are used in factory on which VAT crdit is avialble or not.

20 June 2009 Each of the states have their own definition for capital goods as also input deductions/ credits.
In Karnataka 100% CREDIT IS available once the same is put to you in the particular month.



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