Mvat audit fy 2017 - 18

CA Gaurav Ajit Potdar (Chartered Accountant) (846 Points)

31 December 2018  

Dear all,

After Finalising the MVAT Summary for the period  01.04.2017 to 30.06.2017, the balance of Input Tax Credit is arrived at Rs 1,30,000/- . Out of above Rs 1,00,000/- is claimed in Tran-1,  Since Tran-1 cannot be revised now, as due date of revising the form is lapsed. Whether we can claim balance  Rs 30,000/- (ie. Total of Rs.1,30,000/- less claimed in Tran-1 Rs.1,00,000/-), as refund in the MVAT return?