Vat credit
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
03 June 2012
sir,
We have vat credit in f.y.2011-2012,
we have to filed our april'2012, we want to know that can we carried forward vat credit in the month of april'2012
We have vat credit in f.y.2011-2012,
we have to filed our april'2012, we want to know that can we carried forward vat credit in the month of april'2012
03 June 2012
if vat credit balance then claim refund or carried for next month
03 June 2012
The state of Maharashtra allows c/fd of vat credit of 11-12 if the credit is below or upto 1 lakh. This credit can be adjusted towards liability of April 12. But if the balance credit is more than one lakh it has to be applied for refund only.
05 June 2012
yes, you can carried forward for next financial year.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Applicability
- Is Aadhar PAN linking required for opening bank account?
- Where to show the RCM on Rent paid to unregistered landlord
- CPC Processing IT Return for AY 2023-24 without recognizing the Taxation Option under New Regime
- Application of 115BAC
- RCM - commercial rent paid to URP under GST
- Offsetting interest income against derivative trading losses
- TDS NUMBER SURRENDER
- GSTR-3B - Do I file nil when there is no sale but I've bought raw materials
- Legal heir raised refund , but refund issued to the closed account of deceased.
- Whether still royalty
- 20% OF DEMAND PAYMENT IN APPEAL
- Issue of gst e invoice
- Interchangeable words in accounts
- Adjusted profit/Loss in the case of LLP and Pvt. Ltd.company
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
- Regarding Resignation by Auditor from Pvt. Ltd.
Trending Online Classes
-
Excel Mastery Program
CA Rishabh Pugalia
CAclubindia
