Input tax credit under karnataka vat

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Ramprasad G Shetty (Querist)
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03 July 2015 whether last 6 months purchase bills can be considered for claiming input tax credit in this month while filing VAT return.

A. Sankaranarayana

A. Sankaranarayana (Expert)
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03 July 2015 Dear Mr. Ramprasad,

In Karnataka it is difficult as per my knowledge,

First, Local supplier's e-uPass entry and your e-upass entry would not match.

Second, you raised the e-sugam Form earlier, but not declared the transaction in the VAT Return.

Third, the officer would conclude, you try to avoid the sale bill for the corresponding purchses, so it comes under tax evasion.

Kindly declare the bills in the same month of purchases, you not told about the volume.....

You cannot file a revise return not later than 45 days....

Ramprasad G Shetty

Ramprasad G Shetty (Querist)
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06 July 2015 Dear sir

In my case due to accountant mistake some purchase bills are not entered in books and these bills are not declared in monthly VAT return,

Please suggest how to record these missing purchase bills in the books.