What are the consequences of availing excess TN-VAT credit ? How can it be rectified ?
Menu
Reversal of excess vat credit
Replies (2)
Deposit the excess credit taken VAT amount with interest to the department and revise your sales tax return according to correct tax details.
Does it attract penalty?
Recent Threads
- Clarification Required – Section 18 of Wage
- How to split freelance project income with a frien
- 194a for A y 2024-25
- Compensation & Benefits
- SAC code and GST rate transport services for anima
- Section 44AB is Gone — How Different is Tax
- Capital Gains from Cancelled Residential Project
- Import of goods data in IMS
- GSTr 9 24-25
- Change HSN
Related Threads
CAclubindia
