Whether Input credit can be taken on the basis of Challan or a Bill is must for taking VAT Input Credit?
Sanjay
(CA Final n CS Final)
(324 Points)
Replied 07 March 2010
Suppose goods arrived on the basis of Challan on 30th Dec. 2009
and Bill is provided by client on 4th April 2010
and the date mentioned in the bill is 27th Mar. 2010
Now If Monthly VAT return is furnished, then in which month CREDIT can be taken?
Analysis of 20 GST Notices (including 2 Appeals) and Practise on Drafting(with recording)
CAclubindia
