Vat input credit on lignite coal used in production of paper
This query is : Resolved
08 July 2008
A company is enagaged in the manufacturing of kraft paper. It is using lignite coal as fuel for production of paper on which VAT is charged @ 20%. Whether input credit in availed on the lignite coal under Gujarat VAT Act-2006 or not. Please reply soon.
08 July 2008
yes you will take credit of lignite coal used of coal for manufacturing of craft papers
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