TMI BlogEpcg - local procurementX X X X Extracts X X X X X X X X Extracts X X X X ..... similar to TED refund, any VAT refund is applicable in case of local procurement of CG under EPCG licence? the state is Tamil Nadu. pl clarify. regards J Ramamurthy 7299162725 - Reply By YAGAY A ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ND SUN - The Reply = You may avail Input Tax Credit. - Reply By JAYARAMAN RAMAMURTHY - The Reply = THANKS. But the EPCG is to be installed at our R D Dvn. Can we still take the input tax credit? p ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... l explain. regards jr - Reply By SUNIL JAIN - The Reply = Input Tax Credit is eligible for goods used as raw material or incidental goods or packing materials, plant and machinery for manufacturin ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... g of other taxable goods which to be sold in state, interstate sales or export or purchase taxable goods for resale. Its cover plant and machinery also and which is used for manufacturing either for R ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... D section. R D Section machinery works as Pre-production stage and thus an part of manufacturing, ITR eligible. Sunil Jain 9713842437 - Reply By PARTHASARATHY V - The Reply = Yes, If the capita ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... l goods is listed with the list of machinery, you can take Input credit in 3 stages, 50% in the First year and balance in the remaining two years. - Epcg - local procurement - Query Started By: - JA ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... YARAMAN RAMAMURTHY Dated:- 22-6-2015 Value Added Tax - VAT-CST - Got 4 Replies - VAT and Sales Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management I ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ndia - 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
|
