Dear All,
Can we take input vat credit on hydraulic oil & cutting oil used in Machinery ( Consumable Goods ) for production.
plz advice the same if any reduction in input credit?
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Input vat credit on hydraulic oil
Replies (4)
| Originally posted by : Sachin Waje | ||
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Dear All, Can we take input vat credit on hydraulic oil & cutting oil used in Machinery ( Consumable Goods ) for production. plz advice the same if any reduction in input credit? |
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Hi
In Karnataka, conumables & parts of machinery are treated in par with regular inputs... So there will not be any special treatment of items mentioned in the query......
what about input credit on hydraulic oil in uttrakhand state ??
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