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Monthly vat return on form 16

(Querist) 30 June 2010 This query is : Resolved 

I want to know who is required to file monthly vat return as per new notification on Form Vat 16 a person whose net tax liability is Rs. 2Lacs after adjusting ITC or a person whose gross tax lability is Rs. 2 Lacs before adjusting ITC
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AMIT BAJAJ ADVOCATE (Expert) 30 June 2010
Its after adjusting ITC

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