IMP-New Facility to check VAT input credit given by Supplier

Dear Sir,

The new facility of cross checking of Input VAT credit claimed by us and as per details uploaded by the supplier is available on VAT website. By using this feature we can verify whether, the correct input credit uploaded by our supplier.

If the status is "No Sale" or "Not matching" we shall take followup with the supplier to correct his Annexure (i.e. J1)

You are requested to use this feature and verify the data for FY 2014-15. This may avoid the dis-allowance at latter stage.

Make long to VAT website with your user id and password. Then do as follows:

1. Click on  Dealer Information System

2. Select your VAT tin (i.e. radio button of with TIN ending with "V") and Click on "Get Details"

3. Click on ITC Report 

4. Mention the TO and FROM period (e.g. 01/04/2014 to 30/09/2014) and click on "ITC Report " 

5. The "Net Amount", VAT Amount, Total Amount on left hand side represents to Input credit claimed by you while filling your VAT return and "Net Amount", VAT Amount, Total Amount on right hand side represents to Sales/ Output credit data uploaded by supplier while filling his VAT return. If remark column shows remark as "Not matched" means there is difference between what you claimed and as per supplier. If remark is "No Sales" then Supplier has not shown Sales to your TIN. In both cases you need to take corrective action. 

Please feel free to ask any support required.

Regards,
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CA.C.V.PAWAR
PATIL DAWARE GIRASE PAWAR & ASSOCIATES

CHARTERED ACCOUNTANTS

0253-2319641. M-9423961209

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