Availment of credit on capital goods

[govindaraju velugula]

Claiming 0f VAT on Generator (Capital Goods), which is using in Mines quarry area and no power connection was there for production of rough granite blocks. Without, generator there is no possibility of production of goods. Hence, is there any possibility of claiming input credit on capital goods like generator?

AI Summary

VAT Input Credit Allowed for Generator Used in Granite Quarry Production Under Capital Goods Criteria A query was raised regarding the possibility of claiming VAT input credit on a generator used in a mines quarry area for the production of rough granite blocks, as there is no power connection available. The respondent confirmed that the generator, being essential for production in the absence of a power connection, should qualify for VAT credit as a capital good.