Whether refund of VAT paid on Capital goods can be claimed in maharashtra?
Output goods are not liable to VAT. And what is the procedure and in which goods can beclaimed.
If reference of rule can be given, it will be a great help.
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Mvat set-off
Replies (1)
Dear Mam,
Rule 53(7A) of MVAT Act says that full setoff can be claimed on PM, Elec Install and retention is to be applied on Furniture, Office Equipment.
If u go through the rule it would get more clear
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