Our company has bought a part of machinery and treated it as repair and maintenance exp i want to know whether i can claim input vat on the aforeaid machinery(as Capital Goods i.e 1/3 claim) ?
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Input vat on capital goods
Replies (2)
No, you can't claim input vat, this is not treated as capital item.
No, you can't claim input vat, this is not treated as capital item.
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