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    <description>VAT paid on a newly purchased crane by a VAT-registered trader can qualify as input tax credit but is subject to phased claim limitations under state VAT rules; the credit must typically be claimed across successive years according to the state-prescribed schedule and relevant procedural requirements should be checked.</description>
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      <description>VAT paid on a newly purchased crane by a VAT-registered trader can qualify as input tax credit but is subject to phased claim limitations under state VAT rules; the credit must typically be claimed across successive years according to the state-prescribed schedule and relevant procedural requirements should be checked.</description>
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      <law>VAT / Sales Tax</law>
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