Vat input credit
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
08 November 2014
We are a manufacturing concern situated in MP state, we have purchased material for Uniform for our staff under Vat.
Can we take vat credit for the same?
Thanks
Can we take vat credit for the same?
Thanks
08 November 2014
T credit can be claimed only for the purchases relating to manufacture, since uniforms provided to Employees cannot be treated as manufacturing usage, hence input cannot be availed, but there is a debatable point if its mandatory as per factory act.
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