27 October 2012
I have vat refund of Rs 230000 in financial year 2011-12 and now can I carry forward to this year upto Rs.99000 and claim refund of balance amt?
28 October 2012
Sir you will have to claim MVAT Refund of Rs.230000/=. One cannot carryforward any part of excess vat paid in parts. (This is the situation under MVAT)
CAclubindia
