banner_ad

Input amount

This query is : Resolved 
Profile Image

Profile Image

(Querist)
22 June 2012 Our concern is a small scale unit. We taking input credit in TNVAT. But only 25% of input amount was used. Because we are selling 75% to interstate only. So, how to claim this unused input credit amounts which is showing balance in accounts. kindly guide me.

Jothi
Profile Image

RENGARAJ R.K

Profile Image

RENGARAJ R.K (Expert)
23 June 2012 Whether all interstate sales are against C form? If not, ITC taken by you will have to be reversed on such turnover.

Further, the excess vat can be claimed at the end of the financial year by applying to you CTO circle.

rengaraj r.k
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news


Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
ARTICLESHIP 04 June 2026
Article

Rakhecha & Co.

New Delhi

CA Inter

View Details
Company
19 May 2026
Fundraising Expert

MentorsWorld Ventures Private Limited

Ahmedabad

Others

View Details
Company
26 May 2026
Audit executive

vdsr & co LLP

Chennai

CA Inter

View Details
Company
10 June 2026
Senior Account Executive

JDS Advisory LLP

Ahmedabad

CA Inter

View Details
Company
16 May 2026
Audit clerk

mgirt & co

Bengaluru

CA Inter

View Details
Company
01 June 2026
Audit, Taxation & Compliance Executive

R P S K & Associates

Nashik

CA Inter

View Details
Company
24 May 2026
Accounts & Tax Executive

PARAS KHURANA AND CO

New Delhi

B.Com

View Details
Company
29 May 2026
Finance Head

Bhawar Sales Corporation

Chennai

Graduate (Any)

View Details