Carry forward of vat refund


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Querist : Anonymous

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Querist : Anonymous (Querist)
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?

prasad (Expert)
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)


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