About set off under vat
This query is : Resolved
29 September 2008
Dear sir/madam,
I have applied for Tin no. but I have purchased some taxable goods. & paid vat for that goods. my turnover is below 500000/- I have applied under volutarily scheme. shall we take setoff if the vat paid on purchases before the Registration made under vat. Such transactions made within maharashtra.
I have applied for Tin no. but I have purchased some taxable goods. & paid vat for that goods. my turnover is below 500000/- I have applied under volutarily scheme. shall we take setoff if the vat paid on purchases before the Registration made under vat. Such transactions made within maharashtra.
CMA Jitendra Singh
(Expert)
29 September 2008
No setoff will be allowed for before registration period
01 October 2008
But our advisors advised me that we can take set off of that goods after registration under vat.because we have paid vat to the government & we have rights to take set off of that goods.
Sir Pls help me. give me exact advise. Your advise is very necessary for me
Sir Pls help me. give me exact advise. Your advise is very necessary for me
10 October 2008
what is the percentage of Reduction of setoff on office equipement & Furniture
Dhirajlal Rambhia
(Expert)
21 June 2023
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