Vat refund

Mahavat 499 views 1 replies

Dear all,

can we claim refund in below case.

we have reversed 1 bill in which we have charged 5% vat on value. we have reversed this bill after 6 months.

and same bill we have arise in next year with same value ...have i charged vat again in this year ..

 

Replies (1)

 

You can not take credit if the goods are returned after 6 months.

Also, in the current year, you have to charged vat on sales.


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register