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Regarding vat input

This query is : Resolved 

29 March 2016 Dear Sir/ Ma'am

I am setting up a wheat sortex plant. The machinery required for that is subjected to 14% VAT. Also the Iron used for fabrication also attracted 5% VAT. Will my firm be eligible to get rebate on these VAT amounts?


29 March 2016 Capital Assets for business purpose can get ITC as per state vat rules.


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