Claim of Input VAT regarding Capital Goods
This query is : Resolved
MINTU KUMAR
(Querist)
07 January 2011
Can a construction company (involved in road construction)claim input vat regarding purchase of capital goods (Purchase of JCB Machine)?
CA.RAJIV SHUKLA FCA
(Expert)
07 January 2011
Under DVAT Act
A Construction company (involved in road construction)can not claim input vat regarding purchase of capital goods (Purchase of JCB Machine)
beacuse Input Credit Available only to the Manfacturing Units/Companies.
A Construction company (involved in road construction)can not claim input vat regarding purchase of capital goods (Purchase of JCB Machine)
beacuse Input Credit Available only to the Manfacturing Units/Companies.
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