Avail 50% discount on all subjects for Nov batch(access till Nov 20th). Use coupon code Nov14.

×
Home > Experts > VAT > Set off under mvat act


Please Wait ..

Sign-in to your account


Username:
Password:

Remember Me

Forgot your password?

Sign-up now



Join CAclubindia.com and Share your Knowledge. Registered members get a chance to interact at Forum, Ask Query, Comment etc.


Set off under mvat act (VAT)

Report Abuse
This query is : Resolved



( Author )
25 May 2012

1. whether trader is eligible for setoff of petrol/diesel purchased and used in commercial vehicle i.e. transport. If yes what is the condition/procedure


CA CS Pawan Jajoo

( Expert )
25 May 2012

Petrol and diesel are exempt commodity for last dealers, so they can not issue VAT Invoice, so you cannt take setoff.


Previous

Next

You need to be the querist or approved CAclub expert to take part in this query .


Click here to login ( Members Login ) now


Similar Resolved Queries :







submit










Quick Links





back to the top