Can I avail vat credit on when i pay hire charges Or lease rent?
Menu
Vat credit on hire-chrges?
Replies (2)
No. Under APVAT provisions, ITC cannot be used for payment of VAT in respect of hire / lease charges. Same provisions prevail under other State VAT Acts also.
no ,u can claim input vat only on purchases and some capital items like P&M
Recent Topics :
- Income tax filling
- Applicability of RCM in the case of import of serv
- Confusion in gst registration for service category
- Itc claimed from return defaulters
- Gst input credit
- CAN PARTNERSHIP FIRM SIGN SERVICE AGGREMENT WITH A
- E-waybill
- Sell of CAFC books
- ITC ON RENT
- GSTR-9 Table 8A Portal and Excel Issues
Related Topics :
CAclubindia
