Vat input

Others 680 views 4 replies

Dear Friends,

A bill which  is related to March  Month & this bill belongs to input credit. By mistake we have not taken entry to accounts & Submited return to 1 QTR.

How we take Input Credit - ? Or book to Prior Period Adjustment

Pls. Clear With Concept.

 

With regards

Amit

 

 

Replies (4)
If the balance sheet for the AY 13-14 has not been filed yet then you should revise your VAT return for the month of march. Concept is that if you take input in any month other than march, then it will be reflected in 2A & 2B mismatch on department site, as the selling dealer would have considered such bill for the month of march.
The above concept applies to DELHI Value Added Tax.

Thanks; 

Have a any time Period for Revised  Return ?

Regards

Amit

 

 

   You can revise the return within six months and absorb the omission done.....mjk


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