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Vat on cctv camera

This query is : Resolved 
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(Querist)
12 February 2013 DEAR SIR

WE ARE PVT LTD CO, WE PURCHASED CCTV CAMERA OF RS 288000/- 12.5% VAT IS APPLICABLE ON IT, SIR TELL ME

1 CAN WE AVAIL BENIFIT OF VAT
2 THIS EXP SHOULD BE CAPITLIZED OR REVENUE EXP

THANKS & REGARDS
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V K Bajaj

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V K Bajaj (Expert)
13 February 2013 If you see other questions on VAT there is a mention of state also.

VAT is a state subject matter so in order to get a correct reply or opinion you must state the name of STATE (like UP, Rajasthan, Delhi, Haryana)and get quick response.
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Vipin Kumar Sharma

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Vipin Kumar Sharma (Querist)
13 February 2013 SIR THIS IS LOCAL PURCHASE FROM HARYANA TO HARYANA
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