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16 April 2016 if four bills of 15,000 each relating to contract are issued . ie rs 60,000 and one bill is issued with vat amounting to rs 20,000, so while calculating limit of rs 75,000 purchase invoice with rs 20,000 should be considered or not .
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CA Mehta Ankur N.

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CA Mehta Ankur N. (Expert)
16 April 2016 No that will not be calculated.

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