Input credit available on capital goods
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
28 May 2011
plesae suggest me the treatment of input credit on capital goods is vat is applicable
28 May 2011
Hi
you can avail the 100% input vat on capital goods as per the KVAT act 2003.
but the capital goods which is is used only in the process of manfacturing /production to get the final product only.
you can avail the 100% input vat on capital goods as per the KVAT act 2003.
but the capital goods which is is used only in the process of manfacturing /production to get the final product only.
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