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inpur credit on vehicle

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Querist : Anonymous

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Querist : Anonymous (Querist)
26 May 2011 if a dealer is a proprietor and he purchased the vehicle and used for business purpose. can he avail the input credit.
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jagan sai

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jagan sai (Expert)
26 May 2011 yes...................
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sai swaroop munaga

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sai swaroop munaga (Expert)
26 May 2011 Yes, the motor vehicle will be the Capital goods for the user. So, input credit can be availed
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