Input vat credit on capital goods ( car)

DVat 867 views 1 replies

Hello,

I have one quary regarding input Vat Credit on Purchase of Capital Goods (i.e. Motor CAR). Can i take credit of vat or not.

please tell me clearly under DVAT. If we sold the Capital Goods (i.e. Car), i am liable to pay DVat @ 12.5%.

pls give suggs

 

Replies (1)

you can claim total input tax credit in four parts for capital goods.


CCI Pro

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