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Input tax on purchase of oils & lubricants

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(Querist)
26 January 2013 Shall we claim Input Tax on purchase of Oils & Lubricants which is used for Machinery, Rockbreaking Machines, Vehicles ?
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CA Chandra Kishore Bajpai

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CA Chandra Kishore Bajpai (Expert)
26 January 2013 Generally used as consumable can be claimed ITC but for vehicle it is restricted

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