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
- Depreciation Chart Companies Act
- GST Audit whether Govt Companies are exempt?
- PTRC Show Cause Notice on Email
- Unable to File TDS Q2 Return – New TRACES Portal Error
- Utilisation Fy 25-26 TDS challans in Fy 26-27 TDS Return
- Capital Gail Exemption Certificate
- Oct 2025 Invoices
- SECTION 393(3) TAX ON CASH WITHDRAWAL
- Taxation of crypto futures in India Fy 2026- 2027
- EPF ECR NEW RULES Sep 17th 2026
- Not ordinarily resident having partnership income in India and salary in USA is any form to filed be
- 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
