Input credit on purchase return in vat return
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
04 September 2015
Dear Experts,
A seller has policy that they didn't pay back the VAT amount on goods sold returned if it is received after 3 months.
Now my query is 'Can buyer claim Input credit on the ground that he already paid the tax amount? (Suppose the goods returned is within 6 months.)
Thanks in advance
A seller has policy that they didn't pay back the VAT amount on goods sold returned if it is received after 3 months.
Now my query is 'Can buyer claim Input credit on the ground that he already paid the tax amount? (Suppose the goods returned is within 6 months.)
Thanks in advance
Vishnu Saboo
(Expert)
08 September 2015
his policy is wrong. if govt allow it within 6 month how he can block?
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