Vat credit on purchase of electrical mat. for lab constructi

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If a company purchase electrcial material for construction of Laboratory in Unit premises. Is input credit available for the same?

 

Replies (2)

Radhika,

It all depends in the business you are in and in which state. You have to go through the act to see the input tax restrictions. Let me know in which  state you are in.

 

In west bengal.

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