Question { 3411 }

i am a registerd Dealer in Delhi i have Purchase Some
Capital goods can i take inpute vat banifit if yes pls
spacifie.

Answer

From my point of view , you cannot tke any benefit for this
because as per rules of VAT u can claim benefit only on
resale of those goods .
As you are mentioning Capital goods and that is your fixed
Assets which will be definitely not for resale so you
cannot claim any benefit under this...