input credit
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
13 December 2010
client dealing in newspaper business i.e., publishing and circulation.
Client claiming input credit on stores and spares used for maintainance of machines, as eligible for input credit
Is it correct to claim the input credit on the above apart from purchases?
Client claiming input credit on stores and spares used for maintainance of machines, as eligible for input credit
Is it correct to claim the input credit on the above apart from purchases?
Ram Avtar Singh
(Expert)
13 December 2010
if he is paying output Vat then he can claim input vat. if he is exempt from vat then he can not claim input vat.
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