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vat Credit

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04 February 2009 Dear friends
Please resolve one query for me.
Query is if any capital goods is purchased for repair & maintenance of machines which is being used in manufacturing .
Whether vat credit will available on that.

Please answer as soon as possible.

Thanks & Regards
Deepak Chhabra

04 February 2009 if the materials are used for repairs & machinery vat paid on this materials is fully allowed that credit is available to you as a input vat



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