VAT on Fixed Assets
This query is : Resolved
11 July 2010
Hi
We are purchasing fixed Assets against VAT . Can we claim the same against out vat if yes please suggest how can we claim VAT on fixed assets.
We are purchasing fixed Assets against VAT . Can we claim the same against out vat if yes please suggest how can we claim VAT on fixed assets.
11 July 2010
Yes you can cliam it if you have not cpaitalised the amont of VAt with cost of fix asset
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