Vat input credit on capital goods
This query is : Resolved
23 August 2015
Hi
Can we get VAT input credit on capital good.
Details as below.
we have purchase storage stand for uses of gauge and tools storage in manufacturing unit.
30 August 2015
Yes, will be entitle for credit of ITC against purchases of any goods related to business or manufacturing, subject to rule 52/53/54 of Mah. Vat.
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