If i am collecting VAT on liquor then whether i can claim set off of VAT paid on stationary,computer items,electrical items,hardware items ?????????????????????????/
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VAT
Replies (1)
Dear Setoff depends on the nature of your business (main center).
If like its your Hotel Industry, then the setoff is allowed for the main kitchen items only and rest are considered as RD Purchase on which setoff are not allowed.
Regards,
Savan Somani
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