Vat credit
This query is : Resolved
04 December 2013
whether VAT credit can be taken on Air Conditioner?
If any party charges VAT , Whether credit can be obtained in all situations and sale is not a necessary element?
If any party charges VAT , Whether credit can be obtained in all situations and sale is not a necessary element?
05 December 2013
ITC on AC should not be claimed unless it is installed in factory and it is required to carry manufacturing process smoothly or it is purchased for re-sale
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