Input credit of consumables & stationeries
This query is : Resolved
13 September 2012
Can we take input vat credit on purchases of consumables and stationeries
14 September 2012
Yes. consumables are alike purchase.
14 September 2012
Under WBVAT the input credit on the aforesaid is not allowed.The rules for input credit varey from state to stae.
18 September 2012
Under Maharashtra VAT Act, input vat credit on purchases are available subject to rule 53. Specifically input credit for vat on purchases of any goods,the property in which is not transferred [whether as goods or in some other form] to any other person, which are used in the erection of immovable property other than plant and machinery is not available u/r. 54
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