Is the VAT charged on the purchase of computers can be claimed as Input Tax Credit under APVAT act?
Input Tax Credit on Computers
A.D.Pradeep Kumar (Manager - Finance & Accounts) (48 Points)
16 February 2010A.D.Pradeep Kumar (Manager - Finance & Accounts) (48 Points)
16 February 2010Is the VAT charged on the purchase of computers can be claimed as Input Tax Credit under APVAT act?
Jagan Mohan Rao, Nerella
(Retired DCTO)
(49 Points)
Replied 02 May 2010
If Company is registered under APVAT Act, you are eligible for claiming of input tax credit.
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