Input tax credit(itc)

DVAT (IN CASE OF 100% EXPORTER)

IF I PURCHASE SOME RAW MATERIAL FROM OUR LOCAL DEALER IN APRIL 2012, DUE TO CLERICAL MISTAKE ITC IS NOT BOOKED IN APRIL 2012, AFTER 4 MONTHS I FOUND THAT ERROR.

QUS : MY QUESTION IS HOW CAN I CORRECT THIS ERROR IN MONTHLY RETURN ?

! IF WE REVISED APRIL 2012 RETURN, THE VAT C/F WILL AFFECT FOR NEXT MONTHS

OR WE SHOLUD CORRECT THIS IN CURRENT PERIOD RETURN WITH EXPLENATION ?

PLEASE DISCUSS .....

 

Replies (1)

you can adjust input tax credit in current month period..!!! but u should put this important mark in your working file for future reference!!!

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
14 October 2026
GST & TDS ASSISTANT

AGGARWAL SANJAY & ASSOCIATES

New Delhi

B.Com

View Details
Company
12 October 2026
Finance

I-Genext Consulting Private Limited

New Delhi

CA

View Details
Company
08 October 2026
Accounts and Tax Associate

POOJA R TELI & CO

Pune

CA Inter

View Details
Company
Featured ARTICLESHIP 28 October 2026
CA- Inter and Articles

N N V Satish & Co.,

Hyderabad

CA Inter

View Details
Company
12 October 2026
Chartered Accountant - Internal Audit

HKC | Chartered Accountants & Business Advisors

Ludhiana

CA

View Details
Company
ARTICLESHIP 07 October 2026
Article Trainee/ CMA Trainee

RMA And Associates LLP

New Delhi

CA Inter

View Details
Company
31 October 2026
Accountants

sankaran and krishnan

New Delhi

B.Com

View Details
Company
06 October 2026
Assistant Manager - Audit and Compliance

Ravi K Jain & Co

Noida

Others

View Details