Vat paid on cc camera's - eligibility ???

Others 599 views 1 replies

Dear Experts,

We have paid VAT amount on "C C CAMERA" purchases, using at surrounding of manufacturing area ,  Is this VAT eligible for INPUT CREDIT ?

Kindly advise.

Replies (1)

CC camera is not eligible for VAT input credit.because as per variants of the VAT (income variant followed in india) only depreciation is allowed on capital goods,

 


CCI Pro

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