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Whether to file vat return quaterlyor monthly basis

VAT (Legacy) 3670 views 8 replies

If last yr net tax liability( output tax less input tax) is less than Rs 20000, now I want to know whether I have to filed Vat return monthliy or quaterly  basis  NEXT YR.

Thank

Replies (8)

20000 limit decided payment of vat payment monthly basis for quarterly basis, vat return filling is mandatory , in case of NIL return also.

 

filing of vat return is necessary even if u hv nil return.

Check your periodicity at www.mahavat.gov.in   vertical row   --  dealers service--- put your tin-- click on search

you have to file monthly only

 

Yes, I know that it is nesseary to file Vat return even we have nil return, but I want to know whether I have to filed retun on monthly basis OR quarterly basis if  net tax liability( output tax less input tax) is less than Rs 20000 last yr.


 

Hi gaurav,

With refference to aobve query, as per the rules u are escalted ot file Monthly basis return even if ur tax liablity comes to zero after adjustment of ur input tax. since the cause, u have to show the details of the input tax  information for not  paying output tax.

filing of Sales Tax return in Maharastra depends upon sales tax website periodicity 

 

 

Originally posted by : sadashiv Rupchand Gaikwad

Check your periodicity at www.mahavat.gov.in   vertical row   --  dealers service--- put your tin-- click on search


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