Input x credit for vat paid on purchase of coputers?
This query is : Resolved
19 May 2014
Please clarify whether the company rendering the business of IT & IT Enabled services .purchases Computers,laptops,office equipments etc ,can it claim Input Tax Credit for Tamil Nadu VAT paid at the time of purchases.
19 May 2014
Yes can claim ITC only if the purchased products r sold within the same state.
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