21 February 2008
hi Experts my query is related to claim for ITC on machinary repair items in mfg. unit. suppose a lether industry which purchase machinary repair items from local market when sales tax was applicable from registered dealer as a registered dealer and that was exempt from tax at that time.
Now in punjab vat applicable & on purchase of machinery repair item, seller issued vat invoice.
Then leathr mfg. unit applicale to claim itc on such bill or not.
CAclubindia
