vat input
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
05 March 2010
Dear all,
shall i take input vat on oil
shall i take input vat on oil
CA Umesh Sharma
(Expert)
05 March 2010
Dear under MVAT Rules 53A(1), If oil is used as fuel than retention is there of 3% and if used as raw material no retention, full setoff.
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