Availment of input credit for equipments
This query is : Open
15 May 2014
A hotel industry has purchased LED lights, mattress etc costing Rs.11,45,000 inclusive of VAT Rs.1,45,000. Can this be made eligible for availing Input tax credit under capital expenditure?
I have referred many article, but nowhere in the act there is explanation for the above.
Thanks,
regards,,
Ashique
I have referred many article, but nowhere in the act there is explanation for the above.
Thanks,
regards,,
Ashique
15 May 2014
yes allowed but which state is not mentioned.........
15 May 2014
Tamil Nadu, but nowhere in TN Act there is provision for the allowance or disallowance of the same
15 May 2014
Can someone who is expert in TN Vat pls resolve this query?
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