Refund under mvat

Ravi Dasija (C.A. ) (273 Points)

31 December 2012  

Dear Friends/ Seniors

 

Can anyone please let me know that for FY 2011-12 is it mandatory to claim refund under MVAT if the MVAT credit exceeds Rs 1 Lakh or it can be c/fd to the subsequent period.

 

Thanks in advace.

 

Warm regards

Ravi Dasija