29 June 2013
I WOULD LIKE TO KNOW THAT WHEN WE ARE FILING A FIRST VAT RETURN FORM 231 OF A NEWLY REGISTERED PROPRIETORSHIP, WHERE TO ENTER DETAILS OF RS.25000/- PAID AT THE TIME OF VAT REGISTRATION . AS WE PAY THE ABOVE AMOUNT BY PAYORDER WE DONT HAVE ANY CHALLAN DETAILS REGARDING THE PAYMENT. PLEASE HELP BY GIVING FULL DETAILS OF WHERE TO ENTER THIS RS.25000 SO THAT WE CAN CLAIM CREDIT FOR THE SAME.
30 June 2013
Rs. 25000 you have paid at the time of registration under MVAT Act is in the form of "Deposit". You are not allowed take credit from the VAT payable.
CAclubindia
