15 October 2009
THERE IS NO REVISED RETURN FOR VAT RETURN NOW. IF THERE REMAINS ANY MISTAKE IN RETURN & WE FIND IT LATER ON THEN WHAT IS THE PROCEDURE TO RECTIFY? IS THIS RIGHT THAT WE HAVE TO WAIT FOR NEXT 6 MONTHS FOR RECTIFICATION.
20 October 2009
There is a provision for reporting error in VAT returns filed where under/excess input/output figures have been entered in the original return filed and the same is detected in the course of reconciliation / internal audit of the accounts There is a prescribed form for this purpose you can use this facility.
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