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VAT INPUT CREDIT

This query is : Resolved 
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(Querist)
31 July 2009 Heya frndzzz....

Hey is VAT credit available on capital goods??????

if dere is ny negative list on which it is not available den plz tell...

thanks.. tk cr....
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Vishnu Saboo

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Vishnu Saboo (Expert)
01 August 2009 This is very critical, eaither you can avail the credit on capital goods in 5 equal portions or in one go but you have to utilize this ateast 5 yrs in same state.

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