VAT Liability
This query is : Resolved
varun gupta
(Querist)
13 May 2008
VAT liability arises on booking basis or on actual receipt/payment basis?
CA Hemant T Dewani
(Expert)
13 May 2008
what you tell pl clerify
as per you quiry vat liability if you are book some goods & actual goods are not received then vat liabilty arises on receipt basis
as per you quiry vat liability if you are book some goods & actual goods are not received then vat liabilty arises on receipt basis
varun gupta
(Querist)
13 May 2008
Sir, I am asking that if goods are sold in March with Vat amounting Rs. 100000, but payment for same recives in April. When will liability to pay that VAT arise?
Nilesh Damji Chheda
(Expert)
26 May 2008
if goods are sold in march and in books also the sale is recorded in the month of march, then the laibility for vat arise in the month of march
Message likes :
1 times
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
- Gst credit note by supplier
- Reward for festival
- 18% Rent a cab
- Movement of goods by packers and movers - type of sale - Reg.
- Missed uploading GST Invoice
- RCM and same line
- ARCA LOGIN
- Appointment of Auditor By Form ADT-1
- Accounting Treatment of Civil work to install PORTA Cabin for office use
- TDS Return Statement Status
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- "Please ensure that the Total of the Deductions u/s 54F match the same in Table D in Sch CG"
- Need to correct "Whether it is last installment " response in Form 26 QB
- " Income from House Property " in joint names of co-owners
- REGARDING TDS RETURN OF FORM 27Q
- Notice under e-Verification Scheme
- GST demand notice for ITC reversal against exempted supply.
- RCM ON SECURITY CHARGES FROM INDIVIDUALS
- How to get money back from delisted company
- ITC not to be taken in accounts & GSTR-3B
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
