Set off

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Querist : Anonymous (Querist)
05 October 2012 How Much Set Off Available on Vat Paid on Expenses Held for Business.Set off on fixed asset availablity.

06 October 2012 On Expenses Full Setoff subject to Rule 53(2)
And on Fixed Asset Except Plant and MAchinery on all assests Retention is to be worked out as per Rule 53



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