Itc of building material

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This query is : Resolved

Monika Sharma (Querist)
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09 August 2012 can i claim the input tax credit of vat paid on cement steel etc. during construction of my factory building. iam the dealer of footwear

Rajnish Singh

Rajnish Singh (Expert)
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09 August 2012 HI DEAR SHARMA JI,

AS PAR SALES TAX ACT YOU COULD NOT CLAIM FOR CREDIT ON THE CAPTIONED ITEM OTHER THAN BUSINESS DEAL.

SO CAPTILISE ALL THING AND NOT TRY TO TAKE CREDIT .

IF YOU NEED ANY FURTHER INFORMATION FREELY REVERT ME.

THANKS
RAJNISH

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