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Itc on f.a

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(Querist)
07 August 2014 can v claim vat paid on pur of f.a forcommercial purpose eg. a car?
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CA CHIRAG DOSHI

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CA CHIRAG DOSHI (Expert)
10 August 2014 NO you cannot avail the set off on purchase of car as per rule 53 of Mvat Act,2002

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