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?
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