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Vat input credit on purchase of new vehicle

Page no : 2

Shailey (Accountant) (22 Points)
Replied 07 January 2016

my company bought a 2 wheeler for the transport og produced goods. is it elegible for vat input?

Shailey

 



chandra sekar (Manager-Accounts) (387 Points)
Replied 12 January 2016

No. ITC credit can be availed only agst capital goods like machinery.


sumit kumar (Business) (4 Points)
Replied 11 November 2018

Hi, I purchased 2 trucks in 2013 where I have paid 13.5% vat. Now can I apply for Vat return. Plz suggest.

sumit kumar (Business) (4 Points)
Replied 11 November 2018

Can I apply for Vat return for the truck I have purchased in 2013


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