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Karnataka VAT Input credit refund

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..... Karnataka VAT Input credit refund
Query (Issue) Started By: - Desikan Srinivasan Dated:- 2-7-2011 Last Reply Date:- 5-7-2011 VAT + CST
Got 3 Replies
VAT / Sales Tax
We have registered un .....

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..... der Karnataka VAT Act . We have major sales of exports because of this we are unable to utlised VAT input credit.So we want to apply for refund.Is this allowed if Yes please provide procedure and docu .....

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..... ment to be produced. Reply By pradeep khatri: The Reply: Please check section 20 read with section 10 of the Karnataka VAT Act. Reply By Ramaiah Swamy: The Reply: good evening mr. Desikan srinivas .....

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..... an, 1. You may go through the provisions of section of 21 of K VAT 2. you have to declare the refundable amount in your VAT 100 3. Make a covering letter explaining the situation leading to excess .....

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..... credit, your inability to utilize the credit and enclose copies of the relevant VAT 100 4. Follow up with your LVO 5. You may also look at rule 128 K VAT Rules for further details All the best!!!!! .....

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..... Rangaswamy + 91 9845665300 Reply By JAGANATHAN KUMARAVEL: The Reply: Please ensure that the input credit details (purchases) are updated in the Department website as the department is considerin .....

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..... g it as a prerequisite to process the refund application.
Discussion Forum - Knowledge Sharing .....

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