Dear All,
Can we take input vat credit on hydraulic oil & cutting oil used in Machinery ( Consumable Goods ) for production.
plz advice the same if any reduction in input credit?
4 Replies
Sachin Waje
(Taxation Executive)
(102 Points)
Replied 28 November 2011
| Originally posted by : Sachin Waje | ||
 |
Dear All, Can we take input vat credit on hydraulic oil & cutting oil used in Machinery ( Consumable Goods ) for production. plz advice the same if any reduction in input credit? |
 |
RAJU
(LEARNER)
(1089 Points)
Replied 28 November 2011
Hi
In Karnataka, conumables & parts of machinery are treated in par with regular inputs... So there will not be any special treatment of items mentioned in the query......
Megha Arora
(Asstt. Manager )
(36 Points)
Replied 09 July 2015
what about input credit on hydraulic oil in uttrakhand state ??
Recent Topics
- Iska djd djrbdsjebshe sir ur rei ejr reinr the jr
- GST registration for medical shop in Karnataka
- Hsshs me know if you are free number of the
- Chu Kang and the situation of the situation and I
- How to reverse wrong transaction payment in phonep
- Paytm wrong transaction
- How to reverse wrong transaction payment in phonep
- Issue with refund for person who has filed for rel
- How to take ITC for October 2024 GST Payment in PM
- How to refund a wrong transaction Phone Pe?
Related Threads
CAclubindia
