6 Replies
Devendra
(Chartered Accountant)
(4775 Points)
Replied 11 December 2012
The above situation is regarding which state?
satya
(Executive Excise)
(1839 Points)
Replied 11 December 2012
Thanks for your responce.
ANDHRA PRADESH sir.
Devendra
(Chartered Accountant)
(4775 Points)
Replied 11 December 2012
Input Tax Credit on Coal is not eligible if the same is used in generation of Power.
Regards,
Devendra Kulkarni
RAMESH
(ACCOUNTS EXECUTIVE)
(27 Points)
Replied 23 August 2013
Dear Sir,
We are in bulk Drug Manufacturing Industry. Can we take input vat Credit on bills pertaining to FY 12-13 in FY 13-14 in Andhra Pradesh.
if we use Coal for Boiler Purpose can we take input Credit.
Please Advise Me.
satya
(Executive Excise)
(1839 Points)
Replied 23 August 2013
Dear Ramesh,
Coal is in eligible product list under VAT rules.
RAMESH
(ACCOUNTS EXECUTIVE)
(27 Points)
Replied 23 August 2013
thanks for your reply sir,
please advise can we take input vat credit bills belongs to Last FY Date i.t 01.04.2012 to 31.03.2013.
Because some bills we have not booked which is pertains to last Financial Year. That bills have VAT some good amount if we book now , shall we take input vat credit or total amount Debit to Expenditure,
please advise.
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