Input tax credit

This query is : Resolved

kishan rathor (Querist)
Follow

30 August 2012 Is vat credit available on purchase of following items by an authorized service station:
a) Lubricant oil , grease
b) Paint
c) other consumable
However service station does not charge these items separately in Job bills.

For eg. In case of body repair of a car , denting & painting charges are charged from customer as labor charges but paint used in denting & painting not shown separately.

Plzzzzzzzzzzzz help me....

Prakash Kochar

Prakash Kochar (Expert)
Follow

30 August 2012 If the goods are used in work contract liable for tax under MVAT Act, subject to rule 53(6)and 54(d)dealer will be entitle for credit of input tax paid on purchases.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

Meet our CAclubindia PRO Members

Vishnu Agarwal

Rajat Khandelwal

Anurag Sharma

Suranjan Das

Sanoj T

Subscribe Now

Input tax credit

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

GST CONSULTANT

Manager- Finance and Compliance

GST CONSULTANCY

Accountant

CA Final

Senior Executive