Itc on fixed assets
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
16 June 2014
Dear All
Please help us we want to purchase air receiver as a fixed assets can we take input tax credit on that Fixed assets as per DVAT rule.
Please help us we want to purchase air receiver as a fixed assets can we take input tax credit on that Fixed assets as per DVAT rule.
16 June 2014
yes it is allowed...................
Querist : Anonymous
Querist :
Anonymous
(Querist)
17 June 2014
Dear Sir,
But we have a trading compnay in Delhi after that we have take ITC in VAT return.
Please confirm sir
But we have a trading compnay in Delhi after that we have take ITC in VAT return.
Please confirm sir
17 June 2014
yes it is allowed to take credit on capital goods.
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