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125 excise-vat

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Querist : Anonymous

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Querist : Anonymous (Querist)
06 June 2014 CAN I SET OFF EXCISE DUTY (PAYABLE) AGAINST VAT (RECEIVED FROM CUSTOMER )
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Rajeev Kumar Garg

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Rajeev Kumar Garg (Expert)
08 June 2014 NO, YOU CAN NOT SET OFF CENTRAL EXCISE DUTY AGAINST VAT (VALUE ADDED TAX), BECAUSE BOTH LEVIES ARE DIFFERENT.
THANKS.
R.K.GARG

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