Indian Business Researcher
313 Points
Joined January 2014
Dear Ravi,
If a client wishes to file return which are not under tax audit, here is , can refer for further:
Revise Return will not change Net Credit Carried Forward (OB for Next Month). NCCF for current month and OB for next month will remain as per original Return. (If revise return is allowed to change NCCF for current month and OB for next month, in that case NCCF and OB will get changed for next 6 months and dealer has to file revise return for 6 months and department has to approve all these 6 Revise Returns. It will be heavy burden for dealer as well as department. Hence it is decided that Revise Return will not have any impact on NCCF and OB for subsequent months. Any impact of Revise Return has to settled for that month ONLY) - Clarification on Revise VAT Return, Date: February 8, 2013, APVAT.
It can be more clear from particular state law of client, as per white paper.