TMI BlogVAT INPUT TAX CREDITX X X X Extracts X X X X X X X X Extracts X X X X ..... Dear Sir, Good afternoon Please advice to us related to VAT . we are using elevators/escalators ( used in warehouse ) in such cases we are receiving services from Kone Elevator India Pvt Ltd. Japi ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ur. he is charing VAT in their Inv. in said caes we can avail VAT Credit. :Nature of Service:- Works Contract Service - under Service VAT at the rate of 14 percent on 40 percent of base value. ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Pl.advice to us we can take credit of VAT (ITC) Thanks for your co-operation in Advance. Arjun Sachdeva Mitsui Prime, Neemrana - Reply By rishi mohan - The Reply = In the above case vat credit s ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... hall be allowed and available. Credit shall be availed in capitalized nature instead of normal vat credit. The credit shall be utilised till 36 months (3 years). - VAT INPUT TAX CREDIT - Query Start ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ed By: - MITSUI PRIME Dated:- 30-4-2014 Value Added Tax - VAT-CST - Got 1 Reply - VAT and Sales Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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