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reduction of set off

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(Querist)
24 September 2008 If we purchase asset (office equipment) & we paid VAT on purchase.
what is a treatment of VAT paid on purchases while calculating MVAT Liability ? i.e. is there need to reduce the set off?
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S.Srinivasaraghavan

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S.Srinivasaraghavan (Expert)
26 September 2008 Your question is not clear can you quote an example for clarity?

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