Vat on cctv camera

This query is : Resolved

Vipin Kumar Sharma (Querist)
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12 February 2013 DEAR SIR

WE ARE PVT LTD CO, WE PURCHASED CCTV CAMERA OF RS 288000/- 12.5% VAT IS APPLICABLE ON IT, SIR TELL ME

1 CAN WE AVAIL BENIFIT OF VAT
2 THIS EXP SHOULD BE CAPITLIZED OR REVENUE EXP

THANKS & REGARDS

V K Bajaj

V K Bajaj (Expert)
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13 February 2013 If you see other questions on VAT there is a mention of state also.

VAT is a state subject matter so in order to get a correct reply or opinion you must state the name of STATE (like UP, Rajasthan, Delhi, Haryana)and get quick response.

Vipin Kumar Sharma

Vipin Kumar Sharma (Querist)
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13 February 2013 SIR THIS IS LOCAL PURCHASE FROM HARYANA TO HARYANA

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