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vat credit

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(Querist)
18 August 2010 I have one quary regarding vat. I am working in the service industry which provides services of painting . my question is that can i take input vat credit on assets purchase?
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
18 August 2010 VAT input credit can be availed only the registered dealer under VAT. for regsitering under VAT you need to be a delar of Goods, so your case no Input VAT
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