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Discussion > VAT >

What is the procedure for filing a sales tax Return.

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Student.


[ Scorecard : 147]
Posted On 04 July 2010 at 22:47 Report Abuse

hi,,

  i want to know the details regarding the sales tax.What are the procedures for filing the returns??What are the important points to be considered in sales tax.Please provide all the required details regarding the sales tax.

Thanks in advance.


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RAKESH
Almost CA


[ Scorecard : 2183]
Posted On 04 July 2010 at 23:38

For filing of sales tax returns following are to be adhered with :

Prepare annexure for purchase and the sales 

Annexure 1 is for purchase which shows the amount of VAT paid by you

Annexure 2 is for sales effected by you and the VAT Collected by you

Difference between the two has to be paid if the liability arises or else input tax credit is carried forward to the subsequent month

For filing the due date is 20th and it need to be filed monthly to the commercial tax officer where the jurisdiction of your case falls. 

You need to take 3 sets of Form I along with Annexure 1 and 2 .





RAMESH KUMAR VERMA
CS PURSUING


[ Scorecard : 43043]
Posted On 05 July 2010 at 12:29

DEAR,

NOT ONLY SALES TAX BUT ALSO VARIOUS TAXES DIRCET AND INDIRECT PLS. LOG ON TO :-

http://www.vakilno1.com/bareacts.htm

 

Rrgards,




CA DHIRAJ AGARWAL
firm


[ Scorecard : 75]
Posted On 05 July 2010 at 12:39

hello rakesh,,,,,,,,,,,,,,,,,

Form 14 is required for westbengal sales tax return and

Form 1 is required for central sales tax return..........................




Nitin Grover
CS


[ Scorecard : 1118]
Posted On 05 July 2010 at 12:53

Dear Srinivaskalyan

Their are diff. forms in each state. .

Generally method for filling S.Tax / Vat return is Calculate VAT Output and deduct VAT Input = Remaining pay Tax ( as per time prescribed) i.e monthly, quartely, half yearly.

In return show full details

G.T.O 

Sales by-frication and Tax Purchase by-frication and Tax Tax free sale and purchase, Intra state and interstate both. Show Tax summary and calculation attached related annexures (for details of Sales and Purchses)

 

Regards




CA Lokesh Kumar Tiwari
Asst. Finance Manager


[ Scorecard : 187]
Posted On 05 July 2010 at 18:19

Dear Srinivas

as u know that sale tax return file in various forms prescribed in rules in all states as the case may be. These forms vary in state to state. U should give details of purchase from registered as well as unregistered dealers and input credit received in sale tax return form. as like purchase details of sale and sale tax collected should be given in prescribed form. if ITC is greater then tax collected than it should be carried forward to next subsequent month or if collected tax is greater then ITC than difference amount should be paid.




CA Parag Shukla
Assistant Manager (Finance & Accounts)


[ Scorecard : 153]
Posted On 05 July 2010 at 20:05

For Maharashtra VAT please visit www.mahavat.gov.in




CHAMPAK DAS
ACCOUNTANT


[ Scorecard : 21]
Posted On 03 April 2012 at 11:27

hi,, I want to know the details regarding the sales tax,Income tax and Vat.What are the procedures for filing the returns??What are the important points to be considered in sales tax,Income tax and Vat,please provide all the required details regarding the sales tax,Income tax and Vat. Thanks in advance. Regards Champak Das



Manoj Tanwar
na


[ Scorecard : 37]
Posted On 05 June 2012 at 12:22

how many times sales tax return can be revised ?




vedu sharma
Accountant


[ Scorecard : 35]
Posted On 29 August 2013 at 19:23

hi, can anybody suggest me for procedure for deposite the sales tax.



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