Finance/Compliance Consultant
68379 Points
Posted on 01 July 2026
Whether you can claim a set-off (Input Tax Credit) on VAT for liquor depends on your state's specific VAT laws. It is generally permitted for registered dealers, but it is often subject to specific formulas, conditions, and limitations—not necessarily a full refund of the tax paid. You should consult a local tax professional to review the specific VAT rules and notifications applicable to your state and your FL-3 license.