credit for mvat paid on capital goods
Querist :
Anonymous
(Querist) 14 December 2010
This query is : Open
Honorable Sir,please answer few questions.
1}whether credit for vat paid on capital goods under mvat is allowed or not?
2}whether credit for vat paid on packing material is allowed or not?
3}whether credit for vat paid on purchase of building materials for construction of factory-building is allowed or not?