Old invoice returned after 6 months

This query is : Open

Querist : Anonymous

Querist : Anonymous (Querist)

30 April 2015 Dear all(from Andhra Pradesh)

this is my sales value 10000 tax value 1450

2000 sale return was done in this month (six months back invoice) so the party did not return Tax amount

now i am going file my vat return

net sale 10000-2000=8000
then tax on 8000 was 1160

is it correct? because i collected tax 1450 but i am showing 1160

please clarify me

Vishnu Saboo

Vishnu Saboo (Expert)
Follow

30 April 2015 tax adjustment can be done if sales return within 6 months

Querist : Anonymous

Querist : Anonymous (Querist)

30 April 2015 Sir i did not understand your reply

for which amount should i file for vat return 10000 or 8000

if i show 10000 then what about 2000

if i show 8000 then out put tax was wrong

Upgrade to CAclubindia Pro. Subscribe Now!