obalreddy (accountant) (282 Points)
23 July 2010Hello Friends
vat payable on the last mont input credit. in this month is payable the vat amount 10500/-. but my dout is
curent month vat - last month input credit = difference is payable.
105000-5500= 5000 is payable of the amount. it is corrected or not please clarifed the doute.
Thanking you
GOREDDY.
Harpreet
(* * * * * *)
(1670 Points)
Replied 23 July 2010
Yes u r right but provided the portion of input credit which are taken into credit of vat the same will against TAX INVOICE. ok
Analysis of 20 GST Notices (including 2 Appeals) and Practise on Drafting(with recording)
GSTR 9 and 9C for FY 23-24 as amended by Notification 12/2024 dated 10th July 2024(with recording)
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