Mvat refund

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

27 April 2012 I have filed Mar'12 MVAT Return after Cash/Cheque payment of Vat Lability.

After the filled of MVAT Return,we found the Some MAVT credit not consider. Therefore we need to file the MVAT Return ater coisder the ignore Vat credit. In revised return is shown the Excess vat credit is less than of Rs.1 Lcas as per No. 6T of 2012.

plese suggest can i c/F the vat credit , any query in future.

CA CS Pawan Jajoo

CA CS Pawan Jajoo (Expert)
Follow

27 April 2012 Your language is not clear but will try to answer

If You audit dealer , i will suggest you to dont revise now, revise it at the time of Audit.

If you are non audit dealer then you can revise the return and claim Setoff.

CA CS Pawan Jajoo

CA CS Pawan Jajoo (Expert)
Follow

27 April 2012 and yes you can c/f excess if any upto 1 lac.

Upgrade to CAclubindia Pro. Subscribe Now!