I Want to know that -
Can we claim inputvat on elevators, if it is used in office building of the company.
Company having business of manufacturing.
Please Reply ASAP
Thanks
lokesh shah (ARTICLE) (50 Points)
21 June 2014I Want to know that -
Can we claim inputvat on elevators, if it is used in office building of the company.
Company having business of manufacturing.
Please Reply ASAP
Thanks
CA Raj Doshi
(Practising CA)
(8924 Points)
Replied 21 June 2014
CA. Kuldeep Singhi
(Entrepreneur)
(424 Points)
Replied 22 June 2014
Gangatharan
(Partner)
(108 Points)
Replied 18 July 2014
No....
Input VAT can be availed if it that machinery used in manufacturing purpose.
Otherwise it cannot be availed.
NILA REJESH P
(Chartered Accountant)
(815 Points)
Replied 28 July 2014
No, since it is not used in manufacturing.