VAT Monthly returns - reg,

This query is : Resolved

ashok (Querist)
Follow

11 September 2008 Doubts in VAT returns – we are submitting VAT 200 every next month 15th day, for July 31 we raised 5 invoice but one is approved in time (August before 15th ) reaming invoice are approved after the submission of VAT 200 monthly returns – How can I show that balance invoice in VAT returns? (Should I submit revised VAT returns for July or shall I take that balance 4 invoice in this month VAT Returns August month. (Our sales are completely exempted sales so we are not paying sales tax) Please suggest.

CA. O.P. Agarwalla

CA. O.P. Agarwalla (Expert)
Follow

16 September 2008 Do you want to say that your sale is completed only when the same is approved by your cutomer?

Aashok Kumar Sharma

Aashok Kumar Sharma

(Expert)
Follow

02 August 2025 In your case—where **sales are exempted** and **some invoices for July were approved only after filing the July VAT 200 return**—here’s how to handle it:

---

### ✅ Best Practice under VAT Compliance:

Since you're dealing with **exempted sales**, and **no VAT is being paid**, the risk is lower, but proper reporting is still essential for audit/compliance purposes.

---

### 🔍 Your Two Options:

#### **1. File a Revised Return for July**

* **Recommended if** your state VAT authority allows revision of VAT 200.
* File a **revised VAT 200 for July**, including all 5 invoices.
* This keeps your records accurate and tied to the correct tax period.

✅ *Most compliant method.*

---

#### **2. Include the Remaining Invoices in August Return**

* If **revised return is not permitted**, or if the approval system aligns with invoice recognition upon approval:
* Report the 4 pending invoices in the **August VAT 200 return**.

⚠️ **Note:** Add a remark in the return or maintain a working note explaining that the invoices relate to July but were approved in August, hence included now.

---

### ⚠️ Check with Your Local VAT Authority:

* **State-specific VAT laws** (especially before GST era) may **vary on invoice timing recognition** (invoice date vs. approval date).
* If you're in a state like **Tamil Nadu, Andhra Pradesh, or Karnataka**, it's good to check departmental FAQs or guidance.

---

### ✅ Summary Recommendation:

| Scenario | Action |
| --------------------------- | ----------------------------------------------- |
| Revised returns allowed | File **revised July VAT 200** |
| Revised returns NOT allowed | Include in **August return** with note |
| Sales are exempted | No VAT payable, but ensure proper recordkeeping |

---

If you tell me the **state** in which you're registered, I can give you more specific guidance based on that VAT department's procedures.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now