Set off on car purchase

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

24 April 2012 A dealer is dealing in electric goods has purchased car and paid vat on the same can he claim for set off of the

Dintakurthi Tirumala (Expert)
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24 April 2012 No He can't claim. or set-off vat.
OM SAI SRI SAI JAI JAI SAI

CA CS Pawan Jajoo (Expert)
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26 April 2012 Setoff of Vat paid on car is not eligible u/r 54 of MVAT Act 2002. for normal dealers other than car dealers.

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