Vat credit

Can input tax credit be claimed from paint done on machinery

Replies (5)

No tax can be claimed ................

No.ITC can be claimed only on Input and capital goods which are directly or indirectly related to manufacturing process

Originally posted by : Amit Gupta

No.ITC can be claimed only on Input and capital goods which are directly or indirectly related to manufacturing process

AGREED 

Originally posted by : Amit Gupta

No.ITC can be claimed only on Input and capital goods which are directly or indirectly related to manufacturing process

Agreed :)

Thanks to all experts.

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register