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vat

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(Querist)
08 May 2010 What is the amt. of vat setoff taken expense purchases and capital purchases
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
08 May 2010 It is totally based on the State VAT act. the VAT credit against normal purchase can be availed fully, credit on Capital goods purchase please refer the respective State VAT Act
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Ram Avtar Singh

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Ram Avtar Singh (Expert)
08 May 2010 In Delhi 1/3 (in every three year)
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