Dear Friends/ Seniors
Can anyone please let me know that for FY 2011-12 is it mandatory to claim refund under MVAT if the MVAT credit exceeds Rs 1 Lakh or it can be c/fd to the subsequent period.
Thanks in advace.
Warm regards
Ravi Dasija
Ravi Dasija (C.A. ) (273 Points)
31 December 2012Dear Friends/ Seniors
Can anyone please let me know that for FY 2011-12 is it mandatory to claim refund under MVAT if the MVAT credit exceeds Rs 1 Lakh or it can be c/fd to the subsequent period.
Thanks in advace.
Warm regards
Ravi Dasija
CA Manish
(Job)
(5264 Points)
Replied 31 December 2012
If the refund claim is upto rs 1 lac then you can carry forward.
Ravi Dasija
(C.A. )
(273 Points)
Replied 31 December 2012
Thanks a lot sir.
Can you also guide me as to if the amount is not utilised within 2 years then can it be claimed as refund or it has to be c/fd.
GSTR 9 and 9C for FY 23-24 as amended by Notification 12/2024 dated 10th July 2024(with recording)