21 April 2017
IF Plant & Machinery Used for production only that FA VAT input can be claimed in VAT return. Vehicle, Furniture, Computing Machine is not part of Production which is Input restricted Goods you cannot claim input Credit on VAT input restricted Goods.
Querist :
Anonymous
Querist :
Anonymous
(Querist)
21 April 2017
thankyou sir, what about vat paid on Machinery spares??