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input vat credit on capital goods purchase

This query is : Resolved 

17 April 2009 Hi all of u.
greets.

Can we take input credit on capital goods purchase in D-vat.If yes then how ?

I think that we can take it 1/3 in 1st year, 1/3 in 2nd year & balance 1/3 in 3rd year.
Am i right ?
Please correct me.
Mukesh Kumar
Delhi

28 May 2009



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