Eligible input vat credit

This query is : Resolved

srilatha (Querist)
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02 September 2011 Sir,

1)My querry is that whether the eligible input vat credit of one division can be clubbed with another divsion of same company?
2)Can the company take the eligible input vat credit for the year,partly on consolidated(all the divisons)basis and partly on the individual(only one division) basis?

U S Sharma

U S Sharma (Expert)
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02 September 2011 if the registration is done division wise, then not possible, but if the registration is done consolidated then there is no bar to use the vat credit by any division.