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input credit

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(Querist)
01 June 2010 dear experts,
whether input credit is available on vat charged on retail invoice?

please give me some reference to your answer

thank u
Arijeet
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CA Kamal Gangaramani

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CA Kamal Gangaramani (Expert)
21 June 2010 retail bill is issued by composition dealer, so no set off\

only tax invoice are entitled to input credit
\

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