Pls help me with the below query
A Dealer gets Its Tin No. on 25th July,and if the dealer had purchased some goods on 02nd of July ....so will the dealer get the benefit of Vat set-off that has been paid on purchase of goods................. ?
Afzal Momin (CA FINAL) (177 Points)
19 October 2012Pls help me with the below query
A Dealer gets Its Tin No. on 25th July,and if the dealer had purchased some goods on 02nd of July ....so will the dealer get the benefit of Vat set-off that has been paid on purchase of goods................. ?
Harshal Fifadra
(Chartered Accountant)
(1489 Points)
Replied 20 October 2012
No set off allowed on the purchases made during the URD period ....
Solution : Ask the supplier to issue invoice post dated the date of registration
Sonu Kumar
(Account Manager)
(665 Points)
Replied 21 October 2012
You May Show the Purchse in Opening Stock and Take Input Credit by Using this Form VAT-118
Please Click on this Link for Detail
GSTR 9 and 9C for FY 23-24 as amended by Notification 12/2024 dated 10th July 2024(with recording)
CAclubindia
