9911796707
TMI Blogvat credit on transformer and its pannels cablesX X X X Extracts X X X X X X X X Extracts X X X X ..... whether vat credit on transformer and its pannels, cables is available under rajasthan vat Act for manufacturer - Reply By YAGAY AND SUN - The Reply = If the subject goods are being used in your fa ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ctory premises and comes under the definition of Capital Goods, then, you may avail the Input Tax Credit on such goods. If in doubt, you may go for advance ruling or DDQ. - Reply By Ganeshan Kalyani ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... - The Reply = Dear Amit Ji, As per Section 18 of Rajasthan Value Added Tax Act, 2003, Input Tax Credit is allowed on Capital goods used in the manufacture of goods other than exempted goods. Cap ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ital Goods has been defined under Section 2(7) as ''Capital goods'' means plant and machinery including parts and accessories thereof, meant for use in manufacture unless otherwise no ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... tified by the State Government from time to time in the Official Gazette; From the above provision, in my view, credit would not be allowed, because transformer is not specifically given. Thanks. ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... - vat credit on transformer and its pannels cables - Query Started By: - AMIT JAIN Dated:- 14-3-2016 Value Added Tax - VAT-CST - Got 2 Replies - VAT and Sales Tax - Discussion Forum - Knowledge Sha ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ring, reply post by an expert, personal opinion Tax Management 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
|
