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Vat credit

This query is : Resolved 
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(Querist)
21 January 2015 Dear Expert ,
We, service provider, just now had purchased Automatic Concrete mixer machine from within the State. VAT & Excise duty paid on it. Should we get benefit of VAT & Excise duty . We don't have any output vat since we are doing only labour job .

Please reply urgently.
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P V Ram

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P V Ram (Expert)
21 January 2015 As your output is not taxable, you will not get VAT Credit.

However, you can have the benefit of excise duty which can be set off against your service tax liability.

Thanks!
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Rupesh Jain

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Rupesh Jain (Expert)
22 January 2015 you can not get the benefit , if on output goods are not taxable.
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