Sir,
We are producing Refined oil & purchased goods from exempted unit(PSI-1993).
Exempted unit raised invoice upon us, without charging VAT, in that case whether we can claim a VAT SET OFF.
If yes, what is the procedure.
Dear Sir,
In the course of internal audit I request yourself to explain me and the areas to look in with reference to the above BRs statements and also kindly let me the brief idea of the accounting procedure that will be inculcated in Export Business,
Reply to maheshkulkarni29@gmail.com
thanks in advance
Regards,
Mahesh Kulkarni
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Please ans.
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Set off in case of invoice by exempted unit