VAT Input

Hi,

I think if the invoice date shows June 11 transaction, you can claim Input Tax credit.

With regards,

Subramanya R

 If we check the other side, only after raising the Invoice, any Vendor discharge the output tax liability. I feel It would be erroneous, if any one take the Input Credit without a valid invoice for the Purchase  . However this may create problem to the your Vendor. As you have a valid documents for taking VAT Input Credit, Credit cannot be denied. The Principle is that once it is eligible for Input Credit by the Provisions of the ACT/RULES, there is no need  of one to one correlation of input credit with the output tax liability.

dear sir,

i want form xxiv with annxure a & b with part I & II in new format

Thanking you,

MUKUL