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Demystifying Section 68 to 69C of the Income tax Act, 1961
Dear Friends
whether input tax credit can be claimed on repair & maintenance?
dear sowma first of all u hve to see what serices comes under ur vat registration number
Like if you hve registration of selling car then u claim input of vat paid on purchase of car
vat paid on printing, stationery, are ur indirect expenses u cant claim on vat
Hi Sowmya,
Please mention the State name in which you are accounting..
In General, input tax paid on expenses can not be considered as Input tax credit.
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