Vat on consumables
This query is : Resolved
11 October 2015
hlo friends, whether we can take input credit of vat paid on consumables which are used for manufacturing?
12 October 2015
No it can not be claimed for ITC. It is treated as labour and like charges....mjk
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Purchase of property from NRI
- NRI get transferred fund from his own Indian account to his foreign US account without any approval
- CESS not claimed in GSTR3B either in inward supplies or outward supplies for the period Oct2025
- How to pay tds on mhada property
- Query related to CA/CS/CMA Firm
- Value of Perquisite Tax Borne by Employer
- Value of Perquisite Sec.10 (10CC)
- CBDT RESOLUTION NO & DATE
- Suggest proper Tax & TDS applicability on Crypto Futures
- GST APPLICABILITY ON DIAGNOSTIC UNIT
- Automatic MIS from Tally ERP
- Schedule Dpm under 44ada no account casr
- ITR WITH 0 TURNOVER
- Multiple GST under same PAN
- Concept of Vendor and customner reconciliation
- Mistake in e-invoice identified after 24 hours
- EXPORT PAYMENT
- NRI ITR2 account in 2025-26.
- Query regarding reporting of exempt foreign remuneration in ITR (AY 2026-27)
- FEMA/RBI treatment — Amazon.ca arbitrage (US buy, Canada sell, goods never enter India)
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
