purchase capital goods

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Querist : Anonymous

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Querist : Anonymous (Querist)
14 December 2010 some one plz tell me that if any one purchase furniture (fixed asset ) then on that the vat is to be 12.5% then wt is the accounting treatment in tally for such of these purchase and can i take input credit from the department ...plz tell me......




14 December 2010 In case of VAT queries please mention the name of state.

14 December 2010 You cant take Input Vat credit in case of purchase of Furniture




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