Eligibility of VAT credit on upgradation of machinery

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Sir,

Pl.clarify whether VAT credit on upgradation of existing machinery?

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Originally posted by : arulselvan
Sir,
Pl.clarify whether VAT credit on upgradation of existing machinery?

if upgradation is done with fresh vat purchase of machine / spare parts / accessories, then it can be claimed as vat on capital goods, in 3 years installments


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