Dear Sirs,
Please advise whether VAT input can be claimed on tippers purchased by a manufacturing concern.
Please advise in context with karnataka vat act.
Nikhil Gupta
NIKHIL GUPTA (Chartered Accountant) (33 Points)
19 April 2012Dear Sirs,
Please advise whether VAT input can be claimed on tippers purchased by a manufacturing concern.
Please advise in context with karnataka vat act.
Nikhil Gupta
CA Pankaj Agarwal
(Chartered Accountant)
(29 Points)
Replied 19 April 2012
Dear Nikhil ji, In karnataka Vat Act there is no input credit allowed on any motor vehicles including tippers.
CA Pankaj Agarwal
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