Hello Friends ,
I want information releated to VAT on cars , we are paying 12 percent VAT to goverment on cars.
Can i get returns from goverment after the end of financial year.
Regards
Shrikant
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VAT on cars
Replies (1)
You can not take credit of vat on car , if u are running business of carrieng passenger than you can take credit,
ITC available only capital goods (Plant,Machinery,equipment) on 2 year equal instalment
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