26 May 2011
Dear Experts, Can you please guide me on the following. I have purchased goods for trading of which I have claimed set off. Later when the goods were lying in stock they got destroyed in fire. Can you please guide me whether set on these said goods will be available? Kindly support your answer by quoting case law's on the said issue..
27 May 2011
In MVAT, Sale of goods is not a condition to claim set off. Pls support your answer with any judgement. Else keep the querry open for others.
CAclubindia
