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muralidhar (Excecutive Accounts)     08 June 2011

VAT Input

Dear Sir,

We have sold some goods in the month of Aug'10 & paid VAT in the month of Sep'10. But we have received purchase invoice(Invoice date Aug'10)  from vendor on June'11. Can we claim the VAT Input? Transacton belongs to Karnataka VAT.



 3 Replies


subramanya (Professional)     08 June 2011


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

With regards,

Subramanya R

CA Vibhash Kumar Sah

CA Vibhash Kumar Sah (Associate Manager)     08 June 2011

 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.


mukul (accountant)     08 June 2011

dear sir,


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


Thanking you,


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