can VAT (MVAT) be paid in advance. for instance.
if a person files half yearly return & he finds for himself a difficulty in paying VAT-payment on a suden for the whole of half year period.
in such a situation can he calculate his quarterly VAT payable and pay in advance only payment & there after file his vat return half yearly by mention the advance & balance vat payment in the return.
you may have to pay interset on balances along along with pennalities
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