Can Inpur VAT @ 4% be set off against output VAT @ 12% and vice versa.
Pradeep Jain (service) (143 Points)
19 June 2009Can Inpur VAT @ 4% be set off against output VAT @ 12% and vice versa.
Ram Avtar Singh
(Nagari Sultanpur U.P.Delhi)
(14497 Points)
Replied 19 June 2009
Input vat at any rate can be adjust with output vat at any rate.