Set-off on Computer and its repair
This query is : Resolved
03 February 2011
My client has his own IT Industrial unit. His main products are Soft-wares ( as per customers requirement). Thus his machinery and equipment are Computers and peripherals only.
My query is whether VAT on computer purchases and its repairs is eligible for 100% set-off. If not then on what ground ? Is there any specific notification available stating the dis-allowance fully or partially ?
This is regarding VAT in Maharashtra State.
My query is whether VAT on computer purchases and its repairs is eligible for 100% set-off. If not then on what ground ? Is there any specific notification available stating the dis-allowance fully or partially ?
This is regarding VAT in Maharashtra State.
CA Nishikant Jaiswal
(Expert)
04 February 2011
Dear Sir,
as your client IT industrial unit in which his main products are computers so for IT industrial unit Computers and its peripherals are treated as plant and machinery so the dealer can claim 100% set off on purchases of Computers and its repairs.
as your client IT industrial unit in which his main products are computers so for IT industrial unit Computers and its peripherals are treated as plant and machinery so the dealer can claim 100% set off on purchases of Computers and its repairs.
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