vat credit

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Dear sir,

We are manufacturer of Industrial gers and ger boxes.  We are instaling one machinery in our factory.  We have to do electrification for this machine.  The electrification work has entersted to one electrical contractor.  He is charging VAT on supplies he made.  Can we avail VAT credit on the electrical items which is used for errection of machinery.

Kindly confirm.

Regards,

 

Gopal

 

Replies (5)
Originally posted by :GOPALAKRISHNA.V
" Dear sir,
We are manufacturer of Industrial gers and ger boxes.  We are instaling one machinery in our factory.  We have to do electrification for this machine.  The electrification work has entersted to one electrical contractor.  He is charging VAT on supplies he made.  Can we avail VAT credit on the electrical items which is used for errection of machinery.
Kindly confirm.
Regards,
 
Gopal
 
"


 

No. its not allowed. as we aslo discuss with STO on 18.9.2009. he told me there is restruction on Electrical installation & fitting itms.input vat not allowed.

   Dear Sir ,

I am a student and I want to know about the VAT adjustment and forms to be fill up please help me

no credit for electrification will be available as per vat credit rules on capital goods

Originally posted by :GOPALAKRISHNA.V
" Dear sir,
We are manufacturer of Industrial gers and ger boxes.  We are instaling one machinery in our factory.  We have to do electrification for this machine.  The electrification work has entersted to one electrical contractor.  He is charging VAT on supplies he made.  Can we avail VAT credit on the electrical items which is used for errection of machinery.
Kindly confirm.
Regards,
 
Gopal
 
"


 


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