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MVAT Refund c/f

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Dear Sir/Madam

My question is my turnover is around around 9 crore in year 2007-2008, my last year MVAT refund is around 4,00,000/-. can i carry forward my 07-08 refund to next year return. if yes then what are the procedures related with refund carry forward and any circular related with this procedure

Replies (1)
Originally posted by :aniket
" Dear Sir/Madam

My question is my turnover is around around 9 crore in year 2007-2008, my last year MVAT refund is around 4,00,000/-. can i carry forward my 07-08 refund to next year return. if yes then what are the procedures related with refund carry forward and any circular related with this procedure
"

 

AFAIK you have to submit Form 501 for Application for refund under section 51of the Maharashtra Value Added Tax Act, 2002


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