Vat paid on cc camera's - eligibility ???

Dear Experts,

We have paid VAT amount on "C C CAMERA" purchases, using at surrounding of manufacturing area ,  Is this VAT eligible for INPUT CREDIT ?

Kindly advise.

Replies (1)

CC camera is not eligible for VAT input credit.because as per variants of the VAT (income variant followed in india) only depreciation is allowed on capital goods,

 

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register