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Input for Electrical Items

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(Querist)
21 January 2009 Sir,

Can we take input of electrical Goods? Some one told me that should not take electrical items as input even though we paid vat for that items.
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CA Hemant T Dewani

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CA Hemant T Dewani (Expert)
21 January 2009 if the elecric items are used for manufacturing the good or repars of elecric items then you will take input credit of the vat paid if it is capital goods then there is some reduction in the setoff

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