Maharashtra Vat related query

Mahavat 572 views 2 replies

Ruchi

69 Points Joined June 2012

Dear Seniors,

I have a query regarding VAT. The dealer has done the VAT registeration in the month of Feb 2015 , but the business was commenced in the month of July 2014.

The dealer is now in the six montly frequecy of filing his returns , hence the liability can be paid of for the six months ie Oct 2014 to Mar 2015.

But how can he pay the liability for July to Sept 2014 , file the returns from July to Sept 2014 and from Oct 2014 to March 2015, since his RC is effective Feb 2015.

I request you to please help.

Thansk & Regards,

Ruchi Thakkar

Replies (2)

CA Raj Doshi

Practising CA

8944 Points Joined December 2013

Vat can be charged only after registration. Hence only vat for Feb and march to be charged and paid. Also set off only for purchases which are done post registration.