VAT Liability Set Off
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
11 March 2011
My company has a branch at Pondicherry, we have taken input credit for the VAT during the sale. But I came to know that we can't set-off the same with any of other tax liabilities. Can we set off the same against any other liability?
CMA Ramesh Krishnan
(Expert)
12 March 2011
VAT input cannot set off anyother liabilites
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