Grant of refund of security deposit Rs.25000 under mvat act. Voluntary deposit scheme was applicable wef 1.5.2011. As per rule 60A(2)(b) an app for refund of deposit shall be filed after a period of 36 months from d end of month containing d date of effect of d reg certificate but before d end of d period of 48 months from d end of d month containing d said date.
So friends check date of effect of RC of ur client & file app for refund of security deposit. Otherwise u may not get refund..
This is for ur information.
CA Anand Mutha
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