TN VAT Filling the Monthly return for dealer having TO below exemption limit

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..... Please let me know how to show the following turnover of a dealer registered under TN VAT Act in the monthly return form. Local sales 300000 His turnover for the entire financial year is less than .....

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..... 5 lakhs Can the dealer claim input credit for local purchases with VAT Whether the input credit if allowed can be carried over to next year. The dealer has local purchases without VAT also for .....

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..... Rs. 50000/- Whether this can be shown on both input side and out put side so that the tax effect will be nil or what is the proper procedure for this Thanks Regards N. Chidambaram - Reply .....

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..... By MARIAPPAN GOVINDARAJAN - The Reply = Whether you have got clarified in the above issue? If not please inform. - TN VAT Filling the Monthly return for dealer having TO below exemption limit - Q .....

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..... uery Started By: - N Chidambaram Dated:- 30-3-2013 Value Added Tax - VAT-CST - Got 1 Reply - VAT and Sales Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax .....

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..... Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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