Eligibility of VAT credit on upgradation of machinery

Sir,

Pl.clarify whether VAT credit on upgradation of existing machinery?

Replies (1)
Originally posted by : arulselvan
Sir,
Pl.clarify whether VAT credit on upgradation of existing machinery?

if upgradation is done with fresh vat purchase of machine / spare parts / accessories, then it can be claimed as vat on capital goods, in 3 years installments

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