Our company is doing local as well as export sales of garments. When we apply for vat refund for export sales, sales tax authorities claiming that they need consumption details related to export & local separately as well as stock figure also. But we didn't maintain separate records for the same. Is there any simple procedure to claim for the same. Thanks.
13 January 2009
It is as per the VAT law that if the assessee have both export and local sales then the assessee have to maintain a separate records....It is a mandatory procedure,,,,
CAclubindia
