INPUT CREDIT ON GREASE & LUBRICANT OIL USED IN MACHINERY
This query is : Resolved
CA BISHAN AGARWAL
(Querist)
11 June 2008
WHETHER INPUT CREDIT OF VAT ON GREASE AND LUBRICANT OIL USED IN MACHINERY FOR MANUFACTURING IS AVAILABLE.
Vishnu Saboo
(Expert)
02 June 2009
since it can be called as "processing material" if authority satisfy with this logic, it is allowed under sec 2, defination of "Raw material"
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