Input credit

This query is : Resolved 

30 August 2012 CAN WE TAKE INPUT CREDIT ON CAPITAL GOODS PURCHASED (VEHICLE).
& IF WE CAN TAKE ON PURCHASE OF VEHICLE IN MAHARASHTRA THAN PLEAS GIVE THE RATE OF REDUCTION.

01 September 2012 Under Rule 54 of MVAT Act, no setoff is available on vehicle purchased


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