Excise Duty Liability on Set-off on VAT


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Querist : Anonymous

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Querist : Anonymous (Querist)
26 June 2010

Dear Experts,

Recently, Excise Audit was done at our factory.

The Audit Team raised a query to pay Excise Duty of the set-off claimed by us as per State VAT Law.

Kindly guide me stating Case Law / CBSC circular / Guideline.

Reards

26 June 2010 State VAT cannot setoff with excise payable both are different. The excise audit team is correct

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Querist : Anonymous

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Querist : Anonymous (Querist)
26 June 2010 Vat Set-off claimed against liability of State Vat payment only and not against Excise Duty payment.

The Audity team demands additional excise duty payment on such Vat-Setoff

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Querist : Anonymous

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Querist : Anonymous (Querist)
26 June 2010 Vat Set-off claimed against liability of State Vat payment only and not against Excise Duty payment.

The Audity team demands additional excise duty payment on such Vat-Setoff

26 June 2010 As per my understanding from your point there is some mistake while calculate the Excise valuation, what setoff against you did. please write completely

Rahul (Expert)
27 June 2010 Excise is a Central Levy where as VAT is State Levy. Its totally wrong to setoff.


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