Input

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Can we Take Vat Input if we are buying Something for our business Purpose. ?

for Example- Halogen Bulb ?

 

Replies (4)

Dear Sonu,

VAT input can be taken only on the purcahse which are used in the the production as raw material or for resle of the same. and not for the purchase of material which are expenses in nature  to maintain the day to day business.

hence you canot take vat input on the purchase of halogn bulb

 

I agree with dhrvka

Agreed  with Dhruva Sir. U can not claim Input for office expenses. VAT input only claim on that item which is directly related with production or resale. In West Bengal VAT input also allow on capital purchases which is relates on production or reselling.

you can take input vat credit only if you are using the same as raw material or on manufacturing of final product or in case of reasle & not for other things........


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