Input credit reverse on stock trf.

As a principle it should be 2% however each state laws may have to be referred for confirmation.

Dear sir,

Iam a manufaturer in b.lore have sent stock to my branch in kerala-due to some problem later i closed the branch. now  vat audit officials have put 12.5% on the total value of stock transfer.iam worried,  what  could be the remedy . please answer.

regards

kishor.

please refer section 17  - rule 131 of kvat.

thank you