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Set off in case of invoice by exempted unit

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(Querist)
26 November 2008 Sir,

We are producing Refined oil & purchased goods from exempted unit(PSI-1993).

Exempted unit raised invoice upon us, without charging VAT, in that case whether we can claim a VAT SET OFF.

If yes, what is the procedure.
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G Muralidharan

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G Muralidharan (Expert)
26 November 2008 In as much as you havenot paid the VAT tax while buying goods from the exempted unit, there is no question of set off.

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