can input vat can be availed

[Guest]

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.

[Ganeshan Kalyani]

Which State the transaction pertains to ? VAT is a state subject and differs from state to state.

AI Summary

Input VAT eligibility depends on state rules; whether administrative-use items qualify for credit requires clarification. Query whether input VAT can be claimed only on goods resold or also on goods used for administrative or repair and maintenance purposes, with the respondent asking which State applies because VAT rules and input credit eligibility vary by State.