Hello All
anyone pls let me know do i get full credit on vat paid on CAPITAL goods
1.Computer
2.Air condition
Thanking you
1 Replies
Ajit kumar Dubey
(Taxation Manager)
(637 Points)
Replied 10 July 2012
In most of the state these items are covered in the negative list. Hence, no Input VAT Credit on the said items. You can check the schedule of Vat in your state for better result.
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