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ITC on Purchse of Payloader

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(Querist)
07 January 2011 Our company which is engaged in manufacturing of Sponge Iron had purchased one payloader (Capital Goods), on which I claimed ITC.
On assessment, the assessing officer had denied the ITC. Kindly help.
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CA Shailesh Kumar Bhagat

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CA Shailesh Kumar Bhagat (Expert)
09 January 2011 there are deffirent paramiters under VAT laws and very state to state, volume of tax and / or volume of turnover.
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