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VAT - Highlights / Catch Notes

Home Highlights September 2018 Year 2018 This

Input tax Credit - capital goods - The renewable energy device & ...


Input Tax Credit Available for Capital Goods: Renewable Energy Devices, Boilers, Spare Parts Qualify Under VAT & Sales Tax Rules.

September 14, 2018

Case Laws     VAT and Sales Tax     HC

Input tax Credit - capital goods - The renewable energy device & spare parts, Boilers, Boiler components and materials for Erection of Boilers are integral parts or integral apparatus or accessories in the manufacturing process and therefore, it should be construed as “capital goods”.

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