Input on capital goods

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Querist : Anonymous

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Querist : Anonymous (Querist)
01 December 2014 Dear sir's,

With regards to the VAT INPUT, kindly explain me whether VAT input can be taken on Capital goods purchased on 100%.

My doubt is that it should be taken 50% the current year and the balance to carry forward to next year.

Request to kindly clarify the above doubt.

Kind regards,

Harish MK

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Querist : Anonymous

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Querist : Anonymous (Querist)
03 December 2014 Dear sirs,

Plese explain my above doubt.


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