List of Items On Which Input VAT Credit is Available for a Manufacturing Industry

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Mridula

Mridula (Querist)
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02 October 2007 Please give me the List on which VAT Credit can be Availed

CA Prasanna Krishnan V

CA Prasanna Krishnan V (Expert)
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02 October 2007 Dear Madam

Please specify your place to respond you rightly. Which State you belong to?

CA. Raviprakash M.S

CA. Raviprakash M.S (Expert)
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03 October 2007 under karnataka vat the list of goods on which input vat credit is not available is mentioned in schedule V. For all others goods input credit can be taken. pl refere your states vat act. there will be a seperate scheudle,on which no input vat is available as in kvat act.

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Mridula

Mridula (Querist)
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04 October 2007 Hello Friends,

I belongs to Ankleshwar (Gujarat) and working as finance controller in Techno Forge Limited (Forging Manufacturer)
Excactly i want to know Capital items on which VAT Credit can be availed.

Regards,

CA Mrs. Mridula Goyal