Ravi kumar Singh (Accountant) (53 Points)
27 May 2010
Can we claim input VAT agt. purchase of office equipments, electrical materials, stationery, mobile, mills store, Repair & mtc, Bulding material (i.e. briks, cement, stone, iron rud etc) ? Plz help me early.
Somaas Kandan
(CA Final)
(385 Points)
Replied 27 May 2010
In short, Input Vat to be claimed only for Production Purposes i.e stores & spares for machinery using for production purposes.
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