Vat setoff against f form sale


This query is : Resolved 

(Querist)
18 December 2012 I hereby would like inform you that One of My Client is Manufacturing edible oil Or doing Processed for edible oil . The Same product is sold against F Form Basis. My intention is to confirm whether the same party is eligible for Vat Setoff in Maharashtra against f form sale. please confirm bcos i have to file vat return.

19 December 2012 Mr Anil Kumar,
You can claim set off of VAT paid on purchases,but, reduced by 2%.....MJK


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