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TN VAT INPUT REVERSAL

VAT and Sales Tax - Started By: - Rambabu Dompaka - Dated:- 22-12-2015 Last Replied Date:- 22-12-2015 - Dear Sir,I read the following TN budget speech - Clause (c) under Section 19(5) of TNVAT Act, 2006 will henceforth be withdrawn to enable the deal .....

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r TN VAT dealers need not submit C forms for 2% sales..?Regards,Rambabu.D - Reply By Ganeshan Kalyani - The Reply = At the outset, requirement of Form C is provided under CST Act and provision of retention is as per State VAT Act. Therefore in my vie .....

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nput tax credit to the ratio of such sale was to be foregone. Now with the provision being done away, no need for the dealer to reverse input tax credit on interstate sale. Thanks. - Reply By YAGAY AND SUN - The Reply = Input Tax Credit reversal impo .....

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