i need hepl, my company business is data printing & rental printer gives to bank also printer purchase sale here my query is can be get vanifit of input & depreciation. both
printer purchase & sale , we can get vanifit both inputvat & depreciation
pls help me.. sir
Dear Raj kumar
Input Vat Credit and Depreciation are both different thing.
1. If u are busineesman of printer purchase and sale then u can take benefit of input credit from output vat.
2. u can aldo claim depreciation on rental printers because its ur assets and correspondingly u can claim deprecitaion.
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https://www.youtube.com/watch?v=IFHOMZUfFvA
www.coursemateonline.com
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