TaxTMI 
TaxTMI 
input vat can be availed on only those products which are further sold or on those products also which are used in administrative expenses eg. telephone wire purchased 1160 vat14% 163 TOTAL 1323 for REPAIR and MAINTAINANCE.
can input vat can be availed
08 May 2015 
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Input VAT entitlement depends on whether purchases are used for taxable business purposes; business nature determines availability.
Whether input VAT is claimable depends on whether purchased goods are used for taxable business purposes - resale or other taxable operations - versus administrative consumption, as queried with reference to a telephone wire charged to repair and maintenance; the response requests the taxpayer's nature of business to determine entitlement. (AI Summary)
Whether input VAT is claimable depends on whether purchased goods are used for taxable business purposes - resale or other taxable operations - versus administrative consumption, as queried with reference to a telephone wire charged to repair and maintenance; the response requests the taxpayer's nature of business to determine entitlement. (AI Summary)
