Input credit

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Querist : Anonymous

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Querist : Anonymous (Querist)
02 December 2014 Dear sir

Can i adjust input credit VAT to Service tax

02 December 2014 the ans is no as servcie tax credit is allowed for cat payable if ur state vat law allows u

02 December 2014 Dear Service tax is collected by Central Govt.and VAT is collected by state Govt.

Therefore, you cannot assume that these two can compensate each other


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