Account Manager
665 Points
Joined March 2012
No VAT credit is allowed in case of some of the commodities because these goods are either not meant for resale or the goods are allowed to be sold only once and such goods are called non-creditable or non-vatable goods and the list of such goods differs from State to State and some of such items are as given below:
(i) All automobiles including commercial vehicles, and two and three wheelers, and spare parts for repairs and maintenance and tyres and tube thereof;
(ii) Fuels in the form of petrol, diesel, kerosene, LPG, CNG, PNG and coal;
(iii) Food for human consumption;
(iv) Beverages for human consumption;
(v) Air conditioners, air conditioning plants or units other than those used for manufacturing purposes; air coolers, fans and air circulators;
(vi) Goods for personal consumption or for gifts