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vat credit on transformer and its pannels cables

VAT and Sales Tax - Started By: - AMIT JAIN - Dated:- 14-3-2016 Last Replied Date:- 20-9-2016 - 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 factory 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 - The Re .....

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