406 / 409 mvat

Main Contractor has given contract / work of Rs.40 lacks to Registered Sub Contractor. If main Contractor decided to discharged Tax Liability on works & issue Form 406 & 409 to the Sub Contractor whether, Sub Contractor can claim set off entirely on purchases made for the work?
Replies (1)
Dear Sir,
 
Employer          - MMRDA
 
Main Contractor - L&T
 
Sub Contractor  - SIPPL
 

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