Set off related
This query is : Open
03 April 2012
Hello Sir,
my name is swati , i have one query my one clinet has vat registration w e f 3.11.2011 , & he purchase some goods 9.10.2011 so he will liable to take set off for the return filing for the period of 1.10.2011 to 31.12.2011
but it is volantary
i really confuse for that , thanks in advance
my name is swati , i have one query my one clinet has vat registration w e f 3.11.2011 , & he purchase some goods 9.10.2011 so he will liable to take set off for the return filing for the period of 1.10.2011 to 31.12.2011
but it is volantary
i really confuse for that , thanks in advance
03 April 2012
Yes, your client can take set off
04 April 2012
If he he registered from 03.11.2011 , how he can take setoff of URD Period. Though the return is filed for total Period.
04 April 2012
There is a provision that dealer has to get registered with in 30 days after he is liable to get registered. In this case they have applied for registration with in 30 days. Therefore dealer will have to pay tax on sales during this period and also he will be eligible to take set off of purchases during this period.
04 April 2012
I agree with Anand Sir, if registration is taken within 30 days.
04 April 2012
Hello,
i really thankful for answaring my question. but client was taken voluntary registration
thanks in advance
i really thankful for answaring my question. but client was taken voluntary registration
thanks in advance
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