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You might not have read:
"Sino Grandness sets up subsidiary to build and own new factory" in post 1118
That oversight might have led you to state (in post 1123):
"I don’t see why VAT (for purchase of equipment for factory A) could not be deducted against output VAT (for selling beverage produced by factory B) – if both factory A & B are owned by the same entity."
In Sino Grandness group, no subsidiary owns more than one factory.
You might not have read:
"Sino Grandness sets up subsidiary to build and own new factory" in post 1118
That oversight might have led you to state (in post 1123):
"I don’t see why VAT (for purchase of equipment for factory A) could not be deducted against output VAT (for selling beverage produced by factory B) – if both factory A & B are owned by the same entity."
In Sino Grandness group, no subsidiary owns more than one factory.