Adjustment of vat on capital expenditure

This query is : Resolved 

24 August 2009 Sirs,
Pls guide me how should i adjust input vat on capital expenditure.


Regards
Narendra Singh

24 August 2009 Book VAT seperatly from Capital cost

24 August 2009 Ultimatly you will get credit of the VAt so it wil not be capitalized.

24 August 2009 Vat input on Capital goods can be utilized in the same FY or in next years , 2 or 3?


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