what is the time limit of tax credit in sales return
condition
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Answer / sat pal sharma
My knowledge ti is six month from the date of invoice.
Within six month you will take the credit on sale return
from customer.
| Is This Answer Correct ? | 13 Yes | 1 No |
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Dear Sir, i am doing excise part, now I have a dout Please clarify any one. my question is I submitted July month return in before 10th August. But we sold material in july to x party excise value 12% - 1000, 2% - 20 and 1% - 10 Rupees respectively, we paid this amount in the same month it's no problem sir. but now x party reject the material and invoice in september month. may i adjuste above paid amount in september month return? How can i adjuste and where can i metione this details in Excise return? please give answer it's help full for me. Advance thanks for every one reply.
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