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?
CAclubindia
