Vat payment & return both r same.
This query is : Resolved
12 November 2013
vat payment & return both r same . how to compute vat ?
12 November 2013
no both are not same. vat payment is mode of discharge tax liabilty for the specified period while return is summary of transactions on which basis tax liabilty determined and arrived at.
12 November 2013
agreed with Bajpai ji.
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