Re: [aurangabad_ca] verification of vat return

Saturday, March 27, 2010 10:00 AM By Livemail

 

Hi atul
You have a proper invoice from the dealer and assumed u have paid him full amount.
 
Sales tax department can not recover the VAT amount from you, it is the responsibility of the selling dealer to deposit vat collected.
Secondly who this fact comes to notice to a vat auditor who is auditing books of accounts of purchasing dealer
 
CA SIDHARTH HIRALAL PATNI
AHMEDNAGAR

On Sat, Mar 27, 2010 at 12:29 PM, ATUL SHOLAPURE <atulsholapure@yahoo.co.in> wrote:
 

dear colleauges please guide me in the following matter
 
as per vat law if the seller does not pay the VAT charged to purchaser
than the unpaid vat should be paid by the purchaser please clarify me as
how can we now weither the seller has paid the vat or not
 
For Eg.: a purchase in pune purchase some goods from mumbai the seller charges
him VAT @ 4% and gives him the proper Tax Invoice but during the vat audit if it is
seen that the mumbai seller has not deposited the tax collected from the purchaser
in this case can the sales tax department recovery the tax from the pune purchaser?
 
has the pune purchaser has taken the set off it will also we reversed
 
 
 
Please clarify
 
 
Regards
 
Atul
9890921672
 
 
 
 
 
 


atuls

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CA SIDHARTH HIRALAL PATNI
Chartered Accountant
Ahmednagar

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