Input vat credit

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Querist : Anonymous

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Querist : Anonymous (Querist)
03 January 2014 sir..........
can we avail input credit of purchases of plant and machinery. and this p&m. use for manufacturing purpose in fertilizers company and what is provision for avail of input credit on capital goods.

24 February 2014 Capital goods are eligible for ITC, you must refer definition of CG under state VAT act.



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