Please Help: SWITCHING FROM LUMP SUM TO REGULAR VAT
Posted Date : 27-Mar-2015 , 04:46:33 pm | Posted By Vijeta Nathani
OUR CLIENT IS CURRENTLY REGISTERED UNDER COMPOSITION SCHEME OF GUJ VAT ACT. AND HE IS REGULARLY FILING RETURNS. BUT NOW, THE CLIENT WANTS TO SWITCH TO NORMAL VAT AS HE WANTS TO TAKE CREDIT OF PURCHASES. PLEASE, SUGGEST THE PROCEDURE AND FORMALITIES TO BE MADE.
Category : VAT | Answers : 0 | Comments : 3 | Hits : 174
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ATIT D. SHAH
02-Apr-2015 , 10:42:31 amyou wil have to give declaration to dept for the same, stating the qty and amount of stock held with your client on the date of conversion so that credit on the same can by claimed by your assessee ! Regards, CA. Atit D. Shah
Vipul Jadhav
11-Apr-2015 , 11:36:48 amGive application to the MVAT Officer regarding the change of Scheme. Application need to be submitted at the beginning of the year.
Vijeta Nathani
13-Apr-2015 , 04:36:09 pmVipul Jadhav@ my client is registered under guj vat, how can he give request to MVAT?