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

Similar Resolved Queries


loading


Unanswered Queries



CCI Pro
Meet our CAclubindia PRO Members

Follow us
add to google news


Answer Query



Company
26 May 2026
Senior Accountant cum purchase Manager

Vardhaman Group of India

Pimpri Chinchwad

CA Inter

View Details
Company
29 May 2026
Finance Head

Bhawar Sales Corporation

Chennai

Graduate (Any)

View Details
Company
Featured 26 May 2026
Account Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
04 June 2026
Semi Qualified CA

Goyal Puneet & Associates

New Delhi

CA Final

View Details
Company
19 June 2026
Accounts Executive

Getfive Advisors Pvt. Ltd.

Ahmedabad

CA Inter

View Details
Company
26 May 2026
Audit executive

vdsr & co LLP

Chennai

CA Inter

View Details
Company
26 May 2026
CA / MBA (Finance) / CMA / M.Com (Finance)

Sri Aurobindo Gnostic Centre of Education

New Delhi

CA

View Details
Company
ARTICLESHIP 31 May 2026
Article Assistant

KPRS And Associates

New Delhi

CA Inter

View Details