vat credit on transformer and its pannels cables

[AMIT JAIN]

whether vat credit on transformer and its pannels, cables is available under rajasthan vat Act for manufacturer

AI Summary

VAT Credit for Transformers, Panels, Cables Under Rajasthan VAT Act: Insights on Section 18 for Manufacturers A discussion on a forum addresses whether VAT credit is available for transformers, panels, and cables under the Rajasthan VAT Act for manufacturers. One response indicates that if these items are used as capital goods within factory premises, input tax credit may be available, and suggests seeking an advance ruling if uncertain. Another response cites Section 18 of the Rajasthan Value Added Tax Act, 2003, stating that input tax credit is allowed on capital goods used in manufacturing, but notes that transformers are not explicitly mentioned, implying credit may not be available.