03 June 2014
Input tax credit will be eligible on all goods purchased for resale, raw material and packing materials for use in the manufacture of goods or even capital goods as specified. So, You can not avail Vat Input Credit on material purchase for administrative office.
Querist :
Anonymous
Querist :
Anonymous
(Querist)
03 June 2014
Thanks for nice reply Deepti Asawa JI.