Easy Office
LCI Learning

Vat credit on fixed assets

This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
30 October 2011 on my recent audit of a trading concern i came to know that we cannot claim input vat credit on purchase of few fixed assets like mobiles, furniture & fixtures & Office Equipments. can anyone please clear my query that on which goods can we get credit & on which we cannot

01 November 2011 VAt credit on Fixed Assets can be availed only Machineries which can be used for manufacturing or Production



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