tnvat input tax credit for electric cables

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....nvat input tax credit for electric cables<br> Query (Issue) Started By: - Ramakrishnan Seshadri Dated:- 18-7-2014 Last Reply Date:- 18-7-2014 VAT + CST<br>Got 1 Reply<br>VAT / Sales Tax<br>Dear Sir, ....

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.... We are the manufacture of automobile parts in Kanchipuram.We have done EB panel modification work our factory. The supplier submitted the bill which includes supply of switch and cables purchased for....

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.... this modification. My question is whether tnvat is eligible for taking input tax credit . Also let me know whether electrical spares /cables are eligible for input tax credit under tnvat. Kindly l....

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....et us know the section/rule under tnvat. Thanks and Regards, S.Ramakrishnan. Reply By Pradeep Khatri: The Reply: Dear Ramakrishnan, You may avail the Input Tax Credit on EB panel modification wor....

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....k in your factory as electrical installation falls under the category of Capital Goods. You may avail 50&#37; in the current year and 50&#37; credit in subsequent year. Please check the Input Tax Cre....

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....dit provisions in the TNVAT Act read with Rules made thereunder. Regards Team YAGAY and SUN<br> Discussion Forum - Knowledge Sharing ....