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Vat credit on natural gas

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Querist : Anonymous

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Querist : Anonymous (Querist)
14 November 2011 Is VAT input credit available on purchase of Natural gas used in welding operation under Karnataka VAT Act/Rules?
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MJ Krishnamurthy

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MJ Krishnamurthy (Expert)
15 November 2011 Mr. Author,
Natural gas,Other industrial gases used for cutting and welding, welding rods etc are consumables and do not go into the product. Hence,the VAT paid on the purchases of such consumables are not treated as input tax.
MJK

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