How to treat Input Credit of Vat on Capital Goods?
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
09 June 2010
I want to know How Input credit of Vat is treated on Capital Goods Purchased with in local area without affecting Entry Tax?
CA Kamal Gangaramani
(Expert)
21 June 2010
credit capital asset account and debit input credit account
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