Excess Vat paid in June'17
Rakesh Goenka (140 Points)
30 August 2017
Can we claim the credit of excess amount of vat tax of June'17 in TRAN 1.
Rakesh Goenka (140 Points)
30 August 2017
Manikandan
(Senior Accountant)
(184 Points)
Replied 30 August 2017
If You are showing excess input credit in your last (Jun'17) vat return you are eligible for claiming. You can file TRAN 1 for and claim that excise amount.
Else not eligible for input taken in GST portal.
Analysis of 20 GST Notices (including 2 Appeals) and Practise on Drafting(with recording)
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