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From 1St Jan 2007
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What is the due date of filing return of VAT?
As per the Tamil Nadu Value Added Tax Act 2006 and Tamil Nadu Value Added Tax Rules 2007, the last date for filing of TNVAT returns is 20th day of the succeeding month and in respect of dealers whose turnover is above 200 Crores and doing e-payment the last date for filing of returns is 14th day of the succeeding month. This reply will be applicable in Tamil Nadu. ABHIVIRTHI Tax and Industrial Consultancy, Madurai.
Which pm introduced vat?
VAT was introduced in 1973 the P.M. was Edward Heath
What is vat return due date?
As per the Tamil Nadu Value Added Tax Act 2006 and Tamil Nadu Value Added Tax Rules 2007, the last date for filing of TNVAT returns is 20th day of the succeeding month and in respect of dealers whose turnover is above 200 Crores and doing e-payment the last date for filing of returns is 14th day of the succeeding month. The last date for filing of Annual Value Added Tax Return is the 20th May of the succeeding year. This reply will be applicable in Tamil Nadu.Reply From:ABHIVIRTHI Tax and Industrial ConsultancyR.R.JAGADEESANVAT PRACTITIONER AND INDUSTRIAL CONSULTANTH-63, Palaami Enclave, New Natham Road,Madurai-625014.Cell: 9994990599Read more: What_is_the_due_date_of_filing_return_of_VAT
What is the penalty for late filing of returns under tn vat act?
Under Section 72(1)(b) of the Tamil Nadu Value Added Tax Act 2006, the maximum penalty levied will be Rs. 2,000.00. HARSHAVARTHAN
Who introduced VAT?
The government, it is a tax
What is the cst rate charged without c-form in Tamil nadu?
Interstate sales without C Forms were liable for taxation at the local VAT rates under Tamil Nadu Value Added Tax Act 2006 with effect from 1.4.2007. Interstate sales against C Forms is liable for taxation at the rate of 3% with effect from 1.4.2007 and at the rate of 2% with effect from 1.6.2008. ABHIVIRTHI Tax and Industrial Consultancy, Madurai
What would be the effect if any on the calculation of VAT if cash discount was introduced?
There will be less vat.
When how and why vat started in jharkhand?
The VAT stands for value-added taxation. It was introduced on April 1, 2005 as an indirect tax into the Indian taxation system. Jharkland was one state that chose to stay out of it until a later date, but has now adopted it. VAT replaced the general tax laws.
Last date of vat audit in up?
last date of vat audit in up for the f. y. 2010-11
Vat was introduced by whic politicol party?
The Value Added Tax (VAT) was introduced by the Conservative Party in the United Kingdom in 1973.
Why was vat introduced?
to prevent the large amount of vehicles thefts that were occurring at the time.
When was VAT introduced in UK?
1972. April 1st 1973 to be precise.
