Set off on car purchase
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
24 April 2012
A dealer is dealing in electric goods has purchased car and paid vat on the same can he claim for set off of the
Dintakurthi Tirumala
(Expert)
24 April 2012
No He can't claim. or set-off vat.
OM SAI SRI SAI JAI JAI SAI
OM SAI SRI SAI JAI JAI SAI
CA CS Pawan Jajoo
(Expert)
26 April 2012
Setoff of Vat paid on car is not eligible u/r 54 of MVAT Act 2002. for normal dealers other than car dealers.
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