Vat credit
This query is : Resolved
07 December 2012
Whether VAT on Motor Car Expenses(like Change of Parts) is eligible for VAT Credit?
If yes then whether it is eligible for Credit of full amount of VAT?
If yes then whether it is eligible for Credit of full amount of VAT?
16 December 2012
Setoff is not admissible on purchase of passenger vehicle, parts, accessories and components unless used in business of transferring rights to use, as per restriction under rule 54(1) of Maharashtra VAt Rule.
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