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Crane Purchase

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....rane Purchase<br> Query (Issue) Started By: - Vimal Goel Dated:- 16-9-2013 Last Reply Date:- 18-9-2013 VAT + CST<br>Got 1 Reply<br>VAT / Sales Tax<br>We are a steel trading firm in Bangalore, having ....

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....VAT registration. Now we have purchased a new Crane (From Bangalore - For Own Use) where the manufacturer has charged us VAT at the rate of 14.5 percent . Can we claim the above 14.5 percent VAT as ....

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....regular input tax. Request the forum panel to please suggest/guide on weather I can claim the same. Thanks - Vimal Kumar Goel +91 9900554321 Reply By VIKAS KAPOOR: The Reply: on Capital Items also....

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.... can have the Input vat Credit. All the VAT Credit can not be claimed at a same time. Kindly check in your state tax rules, usually it is 50 percent on same year 25 percent in next year & bal 25 perce....

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....nt in 3rd year. pls go thru with Karnataka vat Rules. Regards.. Vikas kapoor<br> Discussion Forum - Knowledge Sharing ....