01 August 2013
It depends on the STATE VAT Act. Kindly inform us the STATE the query relates to.
E.g Tamilnadu - 6 months kerala-3 months AP - 1 year Karnataka - 6 months........
Querist :
Anonymous
Querist :
Anonymous
(Querist)
04 August 2013
Sale was made in Sep12 to a Govt dealer in UP Tax Invoice was issued. In June 13 Client used the warranty clause to reject the material and we had to refund the cost to them. The rejected material was returned to us. 1. Can we claim the Vat we had paid at time of sale. 2. In our account books what value of returned good will be reflected. (Basic +VAT +fwdg+frt)