02 April 2009
WE ARE A DEALER BASED IN DELHI. SINCE MOST OF PURCHASES ARE DONE WITHIN DELHI AND ALL OUR SALES ARE INTERSTATE, WE ALWAYS END UP SEEKING A REFUND OF INPUT VAT. I WISH TO BE CLARIFIED WHETHER WE MUST NECESSARILY PAY OUR CREDITORS WHO HAVE CHARGED VAT IN THEIR INVOICES BEFORE CLAIMING REFUND? SUCH A POSITION IF I AM NOT WRONG DOES EXIST IN RESPECT OF SERVICE TAX. AN IMMEDIATE OPIONION IS REQUESTED
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