Financials for India - EBS (MOSC)

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Vat Claimed and RTV

edited Nov 10, 2016 5:30AM in Financials for India - EBS (MOSC) 5 commentsAnswered
Hi,

What is the impact and accounting entry if the Vat is already claimed and after this RTV is done?

will the system automatically reverse and credit Vat Recovery account or Manually we need to  pass the returns entry with respect to Vat recovery?

Also provide the document on VAT

Rgds

Mahesh

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