vat Credit
This query is : Resolved
CA Deepak Chhabra
(Querist)
04 February 2009
Dear friends
Please resolve one query for me.
Query is if any capital goods is purchased for repair & maintenance of machines which is being used in manufacturing .
Whether vat credit will available on that.
Please answer as soon as possible.
Thanks & Regards
Deepak Chhabra
Please resolve one query for me.
Query is if any capital goods is purchased for repair & maintenance of machines which is being used in manufacturing .
Whether vat credit will available on that.
Please answer as soon as possible.
Thanks & Regards
Deepak Chhabra
CA Hemant T Dewani
(Expert)
04 February 2009
if the materials are used for repairs & machinery vat paid on this materials is fully allowed that credit is available to you as a input vat
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