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Vat

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(Querist)
24 February 2012 Sir,
What is a Vat Receivable Acoount?
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CA. Hari Kishan

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CA. Hari Kishan (Expert)
25 February 2012 It would represent that amount which is excess paid tax input on your purchases.. this amount can be claimed either as set off against you VAT payable or refund
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C A S.S.Agarwal, M.Com.,LL.B,

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C A S.S.Agarwal, M.Com.,LL.B, (Expert)
03 April 2012 I agree with the experts as your reply has been given by taking into consideration all related issues
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