last date of vat return

This query is : Resolved

Chandan Arora (Querist)
Follow

10 October 2016 What is the last date to file tds return.we have not started any sale purchase yet,but we will soon start the activities. do we need to file vat return of this quarter?? kindly help

Chandan Arora

Chandan Arora (Querist)
Follow

10 October 2016 sorry it was vat return in first line

Aashok Kumar Sharma

Aashok Kumar Sharma (Expert)
Follow

02 August 2024 For businesses registered under VAT in Amritsar, Punjab, the filing requirements and deadlines generally follow a set schedule. Even if you have not started any sales or purchases, you are still required to file VAT returns. Here’s what you need to know:

### **VAT Return Filing Deadlines in Punjab:**

1. **Quarterly VAT Returns:**
- **Quarterly Filing**: VAT returns are typically filed on a quarterly basis. If you are required to file VAT returns quarterly, the returns are due at the end of the month following the end of the quarter.
- **Due Dates**:
- **For the Quarter Ending March 31**: The return is generally due by **April 30**.
- **For the Quarter Ending June 30**: The return is generally due by **July 31**.
- **For the Quarter Ending September 30**: The return is generally due by **October 31**.
- **For the Quarter Ending December 31**: The return is generally due by **January 31**.

2. **Annual VAT Returns:**
- **Annual Filing**: For businesses that are required to file annual VAT returns, the deadline is usually **November 30** for the financial year ending March 31.

### **Filing When No Activity:**

- **Zero Returns**: Even if you have not conducted any sales or purchases during the quarter, you are still required to file a VAT return, often referred to as a "zero return," to indicate that there were no transactions.

### **Steps to Take:**

1. **File Returns**: Submit the VAT returns on time, even if there are no transactions. This helps avoid penalties for non-compliance.

2. **Consult the Punjab VAT Portal**: Check the [official Punjab VAT portal](http://pbcomtax.gov.in) for specific details related to your registration and any updates to the deadlines.

3. **Seek Professional Advice**: If you have any concerns or need clarification, consulting a local tax advisor or accountant can provide personalized guidance and ensure that you meet all regulatory requirements.

### **Summary:**

- **Quarterly VAT Return Filing**: Typically due at the end of the month following the end of the quarter. For instance, the return for the quarter ending March 31 is due by April 30.
- **File Zero Returns**: Required even if no business activity has occurred.

For the most accurate and up-to-date information, always refer to the Punjab VAT guidelines or contact the local VAT office in Amritsar.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now