close x
Home > Experts > VAT > Vat credit-sales returns

Please Wait ..

to your account


Remember Me | Forgot your password?


Sign-up now

Join and Share your Knowledge. Registered members get a chance to interact at Forum, Ask Query, Comment etc.

Alternatively, you can log in using:

Vat credit-sales returns (VAT)

Report Abuse
This query is : Resolved

( Querist )
25 June 2012

Dear all,

What is the time limit of taking sales returns - is it 30 days/ 60 days or 6 months.

Regarding Karnataka VAT.

Where I can see the Act/ Rules regarding same.

Any Fiancial yera limit is there?

We have sale returns w r t sale of 27th March 2012. Is it OK?



( Expert )
26 June 2012

The sales return allowed period is 6 months. Therefore your sales return date 27.03.2012 is eligible.

Please refer section 30 of the Karnataka Value Added Tax Act, 2003.

When you issue credit note, the party should issue a vat debit note for the same amount, which please note.

rengaraj r.k



You need to be the querist or approved CAclub expert to take part in this query .

Click here to login ( Members Login ) now

Similar Resolved Queries :


Quick Links

back to the top