VAT Returns

1786 views 7 replies

rudram77

Assitant Accounts Manager

166 Points Posted on 27 October 2008

I have Purchased(12.5%) at Rs 10,000-00 vat input value is Rs 1,250-00 in the month of April-08, Supplier has sent the goods and invoice to the project, in project invoice was mis placed and i have filed the vat returns for the month of Apr-08.

In the month of May-08 i have came accross the invoice which i have purchsed in the month April-08. Now what i have to do?

Replies (7)

praveen

Chartered Accountant

6971 Points Posted on 27 October 2008

Originally posted by :Prakash Reddy
"	I have Purchased(12.5%) at Rs 10,000-00 vat input value is Rs 1,250-00 in the month of April-08, Supplier has sent the goods and invoice to the project, in project invoice was mis placed and i have filed the vat returns for the month of Apr-08. In the month of May-08 i have came accross the invoice which i have purchsed in the month April-08. Now what i have to do?	"

I think you can file a revised return for that month altering the needed details.

vijayabhaskarareddy

finance manager

148 Points Posted on 27 October 2008

you can file revised return for april 08.

anil kumar asnani

tax practioner

21 Points Posted on 28 October 2008

yes you can fill revised vat tax return

Originally posted by :Guest
"	you can file revised return for april 08.	"

subramanya

Professional

907 Points Posted on 31 October 2008

Originally posted by :Prakash Reddy
"	I have Purchased(12.5%) at Rs 10,000-00 vat input value is Rs 1,250-00 in the month of April-08, Supplier has sent the goods and invoice to the project, in project invoice was mis placed and i have filed the vat returns for the month of Apr-08. In the month of May-08 i have came accross the invoice which i have purchsed in the month April-08. Now what i have to do?	"

You may file revised returns for April month

A Revised return may be filed within 6 months of Original (correct me if iam wrong)

CA Vivek

CA CS

71 Points Posted on 04 November 2008

Originally posted by :subramanya
"	Originally posted by :Prakash Reddy " I have Purchased(12.5%) at Rs 10,000-00 vat input value is Rs 1,250-00 in the month of April-08, Supplier has sent the goods and invoice to the project, in project invoice was mis placed and i have filed the vat returns for the month of Apr-08. In the month of May-08 i have came accross the invoice which i have purchsed in the month April-08. Now what i have to do? " You may file revised returns for April month A Revised return may be filed within 6 months of Original (correct me if iam wrong)	"

revised return may br filed at any time till the 704 is not filed

vivek

krishan

Accountant

32 Points Posted on 09 November 2008

Originally posted by :praveen

revise return

Originally posted by :Prakash Reddy

"
I have Purchased(12.5%) at Rs 10,000-00 vat input value is Rs 1,250-00 in the month of April-08, Supplier has sent the goods and invoice to the project, in project invoice was mis placed and i have filed the vat returns for the month of Apr-08.
In the month of May-08 i have came accross the invoice which i have purchsed in the month April-08. Now what i have to do?
"

I think you can file a revised return for that month altering the needed details.

Guest

459980 Points Posted on 14 November 2008

i think you can file revised figure in quartly returns.

Originally posted by :praveen
"	Originally posted by :Prakash Reddy " I have Purchased(12.5%) at Rs 10,000-00 vat input value is Rs 1,250-00 in the month of April-08, Supplier has sent the goods and invoice to the project, in project invoice was mis placed and i have filed the vat returns for the month of Apr-08. In the month of May-08 i have came accross the invoice which i have purchsed in the month April-08. Now what i have to do? " I think you can file a revised return for that month altering the needed details.	"