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Question ID : 1902

whether VAT credit available under sales tax can be set off against CST payable

1. The credit availed on account of VAT can be set off agast the Central sales tax payable.

2. Further, whether VAT credit can be availed only on rials and services directly used the manufacture of goods and services. That is if we pay VAT on repairs and matanence of furnitures, we can avail credit or not ? '

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Posted by chandrashekhar B Inchal on Mar 04, 2006
Filed Under INDIRECT TAXES

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