TaxTMI 
TaxTMI 
Epcg - local procurement
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....pcg - local procurement<br> Query (Issue) Started By: - JAYARAMAN RAMAMURTHY Dated:- 22-6-2015 Last Reply Date:- 24-6-2015 VAT + CST<br>Got 4 Replies<br>VAT / Sales Tax<br>similar to TED refund, any ....
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....VAT refund is applicable in case of local procurement of CG under EPCG licence? the state is Tamil Nadu. pl clarify. regards J Ramamurthy 7299162725 Reply By YAGAY AND SUN: The Reply: You may a....
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....vail Input Tax Credit. Reply By JAYARAMAN RAMAMURTHY: The Reply: THANKS. But the EPCG is to be installed at our R&D Dvn. Can we still take the input tax credit? pl explain. regards jr Reply By S....
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....UNIL JAIN: The Reply: Input Tax Credit is eligible for goods used as raw material or incidental goods or packing materials, plant and machinery for manufacturing of other taxable goods which to be so....
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....ld in state, interstate sales or export or purchase taxable goods for resale. Its cover plant and machinery also and which is used for manufacturing either for R&D section. R&D Section machinery works....
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.... as Pre-production stage and thus an part of manufacturing, ITR eligible. Sunil Jain 9713842437 Reply By PARTHASARATHY V: The Reply: Yes, If the capital goods is listed with the list of machinery....
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...., you can take Input credit in 3 stages, 50% in the First year and balance in the remaining two years.<br> Discussion Forum - Knowledge Sharing ....