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i am a registerd Dealer in Delhi i have Purchase Some
Capital goods can i take inpute vat banifit if yes pls
spacifie.

Answers were Sorted based on User's Feedback



i am a registerd Dealer in Delhi i have Purchase Some Capital goods can i take inpute vat banifit ..

Answer / vickykapoor20

VAT PAID ON CAPITAL GOODS CAN BE CLAIMED . BUT NOT IN ALL
AT SAME TIME . THERE IS A RULE IN DVAT ACT. I THINK IT CAN
BE CLAIMED IN THREE YEAR EQUALY.

Is This Answer Correct ?    3 Yes 0 No

i am a registerd Dealer in Delhi i have Purchase Some Capital goods can i take inpute vat banifit ..

Answer / amasiwal.222@gmail.com

From my point of view , you cannot tke any benefit for this
because as per rules of VAT u can claim benefit only on
resale of those goods .
As you are mentioning Capital goods and that is your fixed
Assets which will be definitely not for resale so you
cannot claim any benefit under this...

Is This Answer Correct ?    0 Yes 2 No

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