VAT credit
This query is : Resolved
Gourav Goyal
(Querist)
18 June 2011
Can a manufacturing company take VAT credit for the bricks purchased to be used in construction of Plant
MJ Krishnamurthy
(Expert)
19 June 2011
Mr G Gopal
If you are using the bricks to construct a wall of a company then it is coming under 5th schedule and it is not permitted to avail the VAT credit paid on such purchases.
MJK
If you are using the bricks to construct a wall of a company then it is coming under 5th schedule and it is not permitted to avail the VAT credit paid on such purchases.
MJK
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