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Vat input purchase material r&d purpose

This query is : Resolved 

23 July 2013 Dear All

we Purchase Raw Material for R&D Purpose. Pls advice we have claim set-off input vat from output vat

Pls advice ?

Regards
Praveen

30 July 2013 First of all you have not mentioned the STATE the query relates to.

Generally, Raw material for consumption purpose is not eligibel for set off. If any capital goods, equipments are purchased for R&D purpose and if they are used for production purpose, they are eligible. We have to check up your State VAT Act before replying to your query.

31 July 2013 thanks you

it is Banglore and Maharashtra state

Regards
Praveen


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