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Vat input

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Querist : Anonymous

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Querist : Anonymous (Querist)
24 July 2010 whether vat input in case of purchase of chairs or any capital goods can be taken or not if the assessee is engaged in a business of garment manufacturing he is covered by MVAT???
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CA. Gurdeep Singh Chawla

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CA. Gurdeep Singh Chawla (Expert)
24 July 2010 VAT credit is allowed only in case of Plant & machinery

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