https://www.taxtmi.com/forum/issue?id=107008 VAT paid on goods listed as non-creditable in the DVAT Seventh Schedule cannot ordinarily be claimed as input tax credit; listed categories include vehicles and parts, fuels, clothing, food and beverages, entertainment electronics, certain cooling equipment, tobacco, office furniture and equipment, heavy machinery, personal consumption items, employee facility goods, and goods forming part of immovable property. Exceptions permit credit where such goods (other than specified exclusions) are acquired by a registered dealer for resale in unmodified form or as raw material for manufacture/processing for sale, and where fuel is purchased in commercial quantities by a licensed fuel dealer for resale. en-us Thu, 10 Jul 2014 23:16:40 +0530 Thu, 23 Jan 2025 15:57:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=107008 VAT paid on goods listed as non-creditable in the DVAT Seventh Schedule cannot ordinarily be claimed as input tax credit; listed categories include vehicles and parts, fuels, clothing, food and beverages, entertainment electronics, certain cooling equipment, tobacco, office furniture and equipment, heavy machinery, personal consumption items, employee facility goods, and goods forming part of immovable property. Exceptions permit credit where such goods (other than specified exclusions) are acquired by a registered dealer for resale in unmodified form or as raw material for manufacture/processing for sale, and where fuel is purchased in commercial quantities by a licensed fuel dealer for resale. Discussion-Forum VAT / Sales Tax Thu, 10 Jul 2014 23:16:40 +0530 https://www.taxtmi.com/forum/issue?id=107008