TMI Blogtnvat input tax credit for electric cablesX X X X Extracts X X X X X X X X Extracts X X X X ..... Dear Sir, We are the manufacture of automobile parts in Kanchipuram.We have done EB panel modification work our factory. The supplier submitted the bill which includes supply of switch and cables p ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... urchased for this modification. My question is whether tnvat is eligible for taking input tax credit . Also let me know whether electrical spares /cables are eligible for input tax credit under tnv ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... at. Kindly let us know the section/rule under tnvat. Thanks and Regards, S.Ramakrishnan. - Reply By Pradeep Khatri - The Reply = Dear Ramakrishnan, You may avail the Input Tax Credit on EB panel ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... modification work in your factory as electrical installation falls under the category of Capital Goods. You may avail 50% in the current year and 50% credit in subsequent year. Please check ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... the Input Tax Credit provisions in the TNVAT Act read with Rules made thereunder. Regards Team YAGAY and SUN - tnvat input tax credit for electric cables - Query Started By: - Ramakrishn ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... an Seshadri Dated:- 18-7-2014 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 India - ta ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... xmanagementindia - 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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