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Vat assessment
Till today our vat assessment was not done by Departement as there was a refund now we got a notice of vat assessment But suppliers are not providing any statements saying they don’t have very old records How to clear assessment Please reply
Replies (5)
You sent a notice go through the department after that your supplier give the details. this is the final step.
I am talking from fy 06-07 to fy11-12
This years noticed time is over as per my knowledge.
You mean to say assessment can’t be done
As Per amendment notification of VAT department notification no. 1/2011-12 Dtd. 21.04.2011 the assessment or reassessment time has been reduced to 4 year. please read this notification I think it is helpful to you.
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