Tamil nadu vatreturn revision


This query is : Resolved 

29 September 2012 Dear all,
We need to revise our VAT return for our Chennai Branch for the month of March 12.

Is there any possibility to revise the return?

If Yes, please let me know that how to do that?

17 October 2012 Mr Ananth,
I find no time limit for revising the returns submitted already. It is done by submitting another return quoting as 'Revised return for the month of....'.Any additional tax to be paid is to be made with interest and penalty as per rules.If any excess tax payment arises due to revised return it may be adjusted in the next monthly return.....MJK


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