KVAT input credit
This query is : Resolved
Income Tax
(Querist)
28 February 2008
Dear All,
Kindly confirm whether we can take input credit on following items for a Company in Karnataka engaged in manufacture of Industrial springs.For Details Below
1) Time attendance software for Workers
2) Angles & Flats purchased for Racks
3) M S Table
4) EPABX & telephones installed in factory
5) Trincular Stereo microscope
6) Grinding blocks for CNC grinder
Regards
Kindly confirm whether we can take input credit on following items for a Company in Karnataka engaged in manufacture of Industrial springs.For Details Below
1) Time attendance software for Workers
2) Angles & Flats purchased for Racks
3) M S Table
4) EPABX & telephones installed in factory
5) Trincular Stereo microscope
6) Grinding blocks for CNC grinder
Regards
CA Harish Suwalka
(Expert)
03 June 2012
ans
1. yes
4. yes
1. yes
4. yes
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