CAN ANYONE PLEASE TELL ME THAT IS IT POSSIBLE TO TAKE THE CREDIT OF THE VAT ALREADY PAID ON GOODS WHERE THE GOODS HAS BEEN RECIEVED BACK . WE ARE A SELLER HERE
IN DELHI,
ALONG WITH THE SECTION OR RULE OF DVAT ACT
CA SUKSHAM ARORA (CA) (569 Points)
25 April 2014CAN ANYONE PLEASE TELL ME THAT IS IT POSSIBLE TO TAKE THE CREDIT OF THE VAT ALREADY PAID ON GOODS WHERE THE GOODS HAS BEEN RECIEVED BACK . WE ARE A SELLER HERE
IN DELHI,
ALONG WITH THE SECTION OR RULE OF DVAT ACT
CA Yogesh Garg
(finance )
(36 Points)
Replied 25 April 2014
Yes you can take credit of VAT by DDN issued by purchaser.
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