https://www.taxtmi.com/forum/issue?id=106504 ITC under Gujarat VAT may be claimed on the VAT component of AMC invoices if GVAT rules permit. Where AMCs include supply of machinery spares, VAT ITC is normally available on those spares, and service tax valuation rules allow deduction of the value of goods sold from the contract value; contractors should separately itemise spares and their costs to enable the purchaser to claim ITC and to exclude goods value from service tax. en-us Sat, 08 Feb 2014 09:40:39 +0530 Thu, 23 Jan 2025 15:57:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=106504 ITC under Gujarat VAT may be claimed on the VAT component of AMC invoices if GVAT rules permit. Where AMCs include supply of machinery spares, VAT ITC is normally available on those spares, and service tax valuation rules allow deduction of the value of goods sold from the contract value; contractors should separately itemise spares and their costs to enable the purchaser to claim ITC and to exclude goods value from service tax. Discussion-Forum VAT / Sales Tax Sat, 08 Feb 2014 09:40:39 +0530 https://www.taxtmi.com/forum/issue?id=106504