I started a business from 1st April. I take Tin on25 may(not voluntary). My taxable purchase in april is rs.455000 & vat is 22750. can i get sett of of the vat for.
What will period of my first vat return thanking you
14 May 2012
You have to file return from date of Registration as per RC To Quarter End. You can get set off of Purchases from the date of Registration.
CAclubindia
