Input credit on repair items

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

12 December 2011 Dear Sir,

If we are purchasing some items for generator repair or service and they are charging vat@12.5% then Can we avail vat-input credit on these items or not.Items are like air filter element,oil filter element,element separator,elgi air lube.

Please reply.

MJ Krishnamurthy

MJ Krishnamurthy (Expert)
Follow

13 December 2011 Mr. Author,
In some states vat paid on capital goods is allowed to be aviled as input tax but not their parts. I think it is not allowed.To which state do you belong.?
MJK

Querist : Anonymous

Querist : Anonymous (Querist)

14 December 2011 We belong to Gurgaon (Haryana state)

Upgrade to CAclubindia Pro. Subscribe Now!