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Sales return

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(Querist)
13 December 2012 what is the treatment of sales return in vat
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CA Roshan Jha

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CA Roshan Jha (Expert)
14 December 2012 It is reduced from sales for the purpose of computing vat liability, provided the return was affected within 6 months of Sale. However the provision varies from state to state. You check your state vat act for the same.

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