29 April 2015
We file VAT return in December-14 of 4% tax, now we received back some material in MArch-15 which is exceed from current 4% sales i.e. total 4% sales in march-15 is 108662, sales return of December month 4% is 129025 now credit of excess sales is more than actual sales..now how we can file online return. negative balance shows in 4% return..pl. help n oblige.
01 May 2015
why you trying it in negative figure, you have to add the sales tax on sales return with ITC, if you do so there will be carried forward for you and not negative figure
CAclubindia
