Input tax credit
This query is : Resolved
14 January 2016
I have purchased an electronic meter with panel in capital goods for my business of induction furnace and rolling mill. Can i avail input tax credit on this purchase?
16 January 2016
Hii,
As per the MVAT Act you can avail full set-off on the capital goods as they will be used for the production of finished goods in your factory.
As per the MVAT Act you can avail full set-off on the capital goods as they will be used for the production of finished goods in your factory.
21 January 2016
Is it applicable for RAJ. VAT also?
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- CAPITAL GAIN BASE ON NOTIFICATION
- Form 140 tds
- NRI starting business in India
- ITDS U/S.194T of Firm
- Unregistered suppliers utility
- ADVANCE PAYMENT OF ADVOCATE
- Demand Outstanding AY 2013-14 TDS Deducted not shown in 26as
- FCRA 6 E- Intimation
- The TDS balance for March 26 shows a mismatch between the books and the portal; what should be done
- Invertaded duty struture
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- CREDIT NOTES WITHOUT GST
- Taxable or Tax exempt
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
- LLP audit under companies act
- Experienced CA recommendation from Kolkata for FNO return filing
- Interest Reporting in Form 168
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
