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All about set off in case of liquor

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(Querist)
25 December 2012 A DEALER RESELLS LIQUOR & CHARGES VAT @25% THEN WHETHER HE CAN GET INPUT TAX CREDIT OF VAT PAID ON PURCHASE OF LIQUOR CHARGED @25%??
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Prakash Kochar

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Prakash Kochar (Expert)
29 December 2012 Under MVAT Act Liquor dealers are not entitle for set off of vat paid on purchases of liquor covered under entries 1,2 and 3 of Schedule D appended to MVAT Act (Maha).

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