10-01-2003, 03:47 AM
I have calimed a refund over my export input invoice plus have also at the same time paid sales tax challan over my local trading activity.
Now how do i adjust the amount in the subsequent period. i hve heard that one cannot at the same time pay the challan over one activity(i.e.local trading)and claim the refund in another(i.e export).
For e.g my local sales tax liability was 10,000, while myrefund over export invoice was 15,000.Instead of adjusting the amouts, i paid 10,000, and also claimed 15,000 in the same challan.
Edited by - marfanirizwan on Oct 02 2003 102958 PM
Now how do i adjust the amount in the subsequent period. i hve heard that one cannot at the same time pay the challan over one activity(i.e.local trading)and claim the refund in another(i.e export).
For e.g my local sales tax liability was 10,000, while myrefund over export invoice was 15,000.Instead of adjusting the amouts, i paid 10,000, and also claimed 15,000 in the same challan.
Edited by - marfanirizwan on Oct 02 2003 102958 PM
