26 September 2013
hello
I am accountant in construction company, I have query about vat refund, we are pay our input vat at time of purchase any materials, but our client is already deduct out output vat
in our work contract bill, that time how to refund credit vat.
You should have to file VAT Refund Application with respective states Format. provide all the Purchase Invoices ,Sales Invoices, WCT Certificates, Form- c,f and other.
After assesing your Refund amount States Goverment will refund your Amount eiter by cheques or Online to your Bank Account.
You should see VAT Audit and Refund Rules under respective VAT states.