value added tax

This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
09 July 2010 i want to know weather input tax credit is available for capital goods purchase from local market ? if yes when we can claim input tax credit for that capital good, weather immediately or later ?

09 July 2010 input tax credit is available in 36 installment.

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
09 July 2010 but when we can claim these 36 installments ?

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
09 July 2010 sas

09 July 2010 Under Which State VAt ACT??

Set Off Rules in all the States are diff.

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
10 July 2010 .

16 July 2010 VAT ITC on Capital goods depends on state to state. Your query is related to which state? Plz specify.

Like in Tamilnadu, Capital goods can be claimed in 36 instalments.
In Andhra, there is no specifiic capital goods and other goods. IT can be claimed as such other materials.



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries



CCI Pro
Meet our CAclubindia PRO Members

Follow us
add to google news



Answer Query



Company
Featured 14 March 2026
Article Trainee

N N V Satish&co

Hyderabad

CA Inter

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured 14 March 2026
Associate CA

N N V Satish&co

Hyderabad

CA

View Details
Company
Featured 12 March 2026
Customer Relationship Executive

TAXLET

Calicut

B.Com

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details