Mvat return for the period prior to registration
This query is : Resolved
03 March 2014
Hi,
One of my client got/applied late for MVAT registration number but he collected VAT on sales on prior to registration. I just want to know Is he/it need to file MVAT return for the period when he/it was not registered? or what is the treatment of the above case.
One of my client got/applied late for MVAT registration number but he collected VAT on sales on prior to registration. I just want to know Is he/it need to file MVAT return for the period when he/it was not registered? or what is the treatment of the above case.
Amit Sheode
(Expert)
03 March 2014
Dear Jitendra
Liability to file return is only of a regd dealer, hence you cannot file return for unregistered period.
The tax collected by you shall be forfeited as excess collection & penalty shall be levied. YOu shall also not be entitled to set off of tax paid on purchases in the unregd period.
The solution to the problem is to apply to regional JC VAT Adm for Adm relief to prepone the date of effect of certificate of regn. The compounding fine specified is 0.5% of gross tax liability * no of months of delay.
Liability to file return is only of a regd dealer, hence you cannot file return for unregistered period.
The tax collected by you shall be forfeited as excess collection & penalty shall be levied. YOu shall also not be entitled to set off of tax paid on purchases in the unregd period.
The solution to the problem is to apply to regional JC VAT Adm for Adm relief to prepone the date of effect of certificate of regn. The compounding fine specified is 0.5% of gross tax liability * no of months of delay.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Depreciation Chart Companies Act
- GST Audit whether Govt Companies are exempt?
- PTRC Show Cause Notice on Email
- Accounting treatment of AMC alongwith the purchase of Laptop
- Unable to File TDS Q2 Return – New TRACES Portal Error
- Transfer of Physical Stock Between Two Proprietorship Concerns
- EPF ECR NEW RULES Sep 17th 2026
- Issuing of delivery challan by seller of goods
- Taxation of crypto futures in India Fy 2026- 2027
- Not ordinarily resident having partnership income in India and salary in USA is any form to filed be
- GST Treatment of Purchases with GST Paid where Outward Supplies of Manufactured CattleFeed Exempt
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
