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issue of VAT Input carryforwared

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Querist : Anonymous

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Querist : Anonymous (Querist)
17 May 2011 CAN ANY ONE ASE ME

CAN THE VAT CAN BE CARRYFOREARED FOR THE NEXT YEAR IF THE SALES ARE NOT MADE IF YES FOR HOW MANY YEARS WE CAN CARRY FORWARD,

CAN WE CLAIM THE VAT FROM THE COMMERCIAL TAX DEPARTMENT

REGARDS,
SYED RAMEEZ.
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Jitender

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Jitender (Expert)
17 May 2011 yes, the VAT input can be carried forward till the date you made the sale. there is no time limit defined for it. You can't claim the refund of it.

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