Dear All,
We are the manufacturer of Screws & Fasteners having our regd.office in Punjab where PVAT applies& purchase DG SET for carrying out the activities incidential to our business.DG Set have been purchased from delhi.On entry to Punjab we have paid entry tax amounting to Rs.2,50,000.So my question is whether we can adjust the credit of entry tax paid on DG Set while paying our liability under PVAT.
Kindly reply to my query as it is most urgent for me.