suresh (Articals) (36 Points)
03 January 2012Can you anyone pls tell me whether the Input tax credit will be allowed in Late filing of VAT retun in tamilnadu.
If it is not allowed from which month it is not allowed.
Regards
Suresh.T
RAKESH
(Almost CA)
(2199 Points)
Replied 03 January 2012
It is always allowable as credit as long as invoice is available with u for claiming the credit. It will not debar u from getting credit even in case of late filing of return.
sentilnimey
(Senior Officer Taxation)
(35 Points)
Replied 04 January 2012
ya it is allowed till the original invoice is with the buyer
praveen kumar devarapalli
(Managing Director)
(361 Points)
Replied 07 January 2012
If you have the original Purchase invoice then you can claim the Input even though you are filed the return in delay.
Regards
Praveen Kumar
shrenik raj jain
(pcc student)
(33 Points)
Replied 11 January 2012
input credit will be available within 90 days of invoice date or end of the f.y. whichever is later.
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