can input vat can be claimed by an exporter same as he can get refund of cenvat credit availed on excise duty paid
Whether input vat can be claimed by exporter as refund?
KAMAL BANSAL (Chartered Accountant) (44 Points)
24 December 2010KAMAL BANSAL (Chartered Accountant) (44 Points)
24 December 2010can input vat can be claimed by an exporter same as he can get refund of cenvat credit availed on excise duty paid
U S Sharma
(glidor@gmail.com)
(21063 Points)
Replied 26 December 2010
yes, keep the balance in vat returns and make it zero at end of FY
assessing officer will pas refund order after making assessment.