adjustment of custom duty paid to dvat liability
This query is : Resolved
15 February 2008
Dear Sir/Madam,
Can DVAT Liability be adjusted against custom duty paid in following cases?
1. Company is in manufacturing
2. Company is in trading business
Rajiv Vij
09810123829
Can DVAT Liability be adjusted against custom duty paid in following cases?
1. Company is in manufacturing
2. Company is in trading business
Rajiv Vij
09810123829
16 February 2008
No,
Though Vat is also a Indirect Tax but it is different from Custom, excise and service tax. It has separate department and law therefore can't be adjusted with DVat
Though Vat is also a Indirect Tax but it is different from Custom, excise and service tax. It has separate department and law therefore can't be adjusted with DVat
18 February 2008
Dont even make an attempt
Both are different statues one is Governed by Central and other by State.
There is no integrity
Good you have clarified this position before attempting any adjustments
Both are different statues one is Governed by Central and other by State.
There is no integrity
Good you have clarified this position before attempting any adjustments
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