14 October 2011
I do have a VAT (unclaimed) refund of Rs. 28,000/- for the year 2010-11 which has been shown in the return also. I would like to ask, a. whether this refund can be adjusted against my dues for Apr-11-to-Sep-11 ? b. Secondly, if there is again excess credit for the said period i.e. Apr-Sep-11, can the last year's refund be carried forward to next year ?
CAclubindia
