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(Querist)
28 December 2013 I Purchased machinery and paid VAT on it.
I am going to use machine for Providing Services.
I also have VAT sales.
Can I take credit of VAT paid on Machine ?
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CA Hardik Bunha

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CA Hardik Bunha (Expert)
28 December 2013 it is depend on which kind u r registered in your state.

if u r a manufacturer then u can take credit of vat paid on machinery. (ITC available only to manufacturer)

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