Vat input credit on purchase of new vehicle

6247 views 18 replies

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

Shailey

 

Replies (18)

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

Shailey

 

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

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


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register