Poonawalla fincorps
Poonawalla fincorps

Input tax credit

This query is : Resolved 

18 February 2013 we are constructing a hotel. can we claim credit of the VAT paid on steel and cement purchased for construction of the hotel building.

18 February 2013 No,because you are not trading the steel and cement for that you have to registered with vat and your nature of organisation should be same.



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