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Reduction of Set Off under MVAT?

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(Querist)
16 December 2008 What is reduction of set off u/s 53 of MVAT? Please explain with the help of an example.........
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C A GROUP COACHING

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C A GROUP COACHING (Expert)
28 December 2008 retention is at 3% TAX CHARGED / TAX RATE X 3. (I.E 3%)

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