15 March 2012
I have filed a VAT return for the month of Dec 2011 in which i have paid the liability.
Subsequently after filing return I have received 2 invoices relating to December 2011 in which total VAT input is INR 100,000.
Now can I take set off of INR 100,000 against VAT liability in January 2012 or I need to file revised return and claim the refund at the end of the year.
Please note that the bill received subsequently is having the invoice date as December 2011.
Guest
Guest
(Expert)
15 March 2012
Its advisable to revise return and claim input credit.
Querist :
Anonymous
Querist :
Anonymous
(Querist)
16 March 2012
Hello Ketan,
Can I claim the input credit of previous month against output liability of subsequent month on account of subsequent receipt of bills or do i need to show it as receivable at the end of the year.
CAclubindia
