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Vat on consumable

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(Querist)
05 July 2012 Can vat paid on consumable like priting and stationary, other nominal expenses be allowed as input tax credit?
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C.A Anshul Singhal

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C.A Anshul Singhal (Expert)
05 July 2012 YES VAT CREDIT CAN BE TAKEN ON PRINT & STATIONERY.

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