Easy Office
LCI Learning

Regarding vat input

This query is : Resolved 

29 March 2016 Dear Sir/ Ma'am

I am setting up a wheat sortex plant. The machinery required for that is subjected to 14% VAT. Also the Iron used for fabrication also attracted 5% VAT. Will my firm be eligible to get rebate on these VAT amounts?


29 March 2016 Capital Assets for business purpose can get ITC as per state vat rules.



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries




Answer Query