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Vat

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(Querist)
10 February 2014 If on raw material vat is 4% , and on finished goods its 12.5% . if i want a settoff weither i will get a setoff or not if i gets how much i will get.
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Vishnu Saboo

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Vishnu Saboo (Expert)
18 February 2014 yes, you are eligible to set off to the extent you availed credit.
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