Input tax credit


This query is : Resolved 

(Querist)
25 July 2009 Hi frndzz....

hey actually m vry confused abt the rules for taking VAT credit..please tell me on which goods VAT credit is taken & on which 1s it is not taken...wat is the general rule followed...

will look fwd to some replies....

thanks...tk cr...

25 July 2009 on Capital goods (except negative list), raw material, consumables

Pooja (Querist)
31 July 2009 what is the negatine list of capital assets on which VAT credit is not to br taken????????

plz reply...


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